{smcl}
{txt}{sf}{ul off}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestsoldsouth.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res} 6 Aug 2019, 12:14:58
{txt}
{com}. //OLD SOUTH///
. ******************************************************************************
. *******************************************************************************
. ******************************************************************************
. 
. 
. 
. preserve
{txt}
{com}. 
. ****** IV. OLD SOUTHERN STATES -- BIVARIATE DYNAMIC PANEL ARDL(5,4)--ECM REGRESSION MODELS OF STATE REAL PER CAPITA ANNUAL INCOME [real_pc_inc_ann] & STATE RANNEY INDEX FOR PARTISAN COMPETITION IN LEGISLATURE/REPRESENTATIVE ASSEMBLIES [klarnerranney, 6yrs, 8yrs, 10yrs] WITH TWO-WAY FIXED EFFECTS [STATE AND TIME UNIT EFFECTS]: ESTIMATION BY SUR METHODS   
. 
.  
. *** 1.A: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (5,4)
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year), corr
. 
. //estat ic
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 81,       494){col 67}= {res}     37.15
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1325401{col 29}{space 2} .0331299{col 40}{space 1}   -4.00{col 49}{space 3}0.000{col 57}{space 4} -.197633{col 70}{space 3}-.0674471
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.784976{col 29}{space 2} .6754453{col 40}{space 1}    2.64{col 49}{space 3}0.008{col 57}{space 4} .4578766{col 70}{space 3} 3.112076
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1280258{col 29}{space 2} .1129164{col 40}{space 1}    1.13{col 49}{space 3}0.257{col 57}{space 4}-.0938299{col 70}{space 3} .3498814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1446249{col 29}{space 2} 1.279782{col 40}{space 1}    0.11{col 49}{space 3}0.910{col 57}{space 4}-2.369862{col 70}{space 3} 2.659112
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607562{col 29}{space 2} .0825023{col 40}{space 1}    1.95{col 49}{space 3}0.052{col 57}{space 4}-.0013424{col 70}{space 3} .3228549
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.800817{col 29}{space 2} 1.251511{col 40}{space 1}   -1.44{col 49}{space 3}0.151{col 57}{space 4}-4.259758{col 70}{space 3} .6581252
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0590269{col 29}{space 2} .0583744{col 40}{space 1}   -1.01{col 49}{space 3}0.312{col 57}{space 4}-.1737196{col 70}{space 3} .0556658
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.70119{col 29}{space 2} 1.200491{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-5.059888{col 70}{space 3}-.3424917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1087663{col 29}{space 2} .0473006{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} .0158312{col 70}{space 3} .2017014
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .627979{col 29}{space 2}  1.09437{col 40}{space 1}    0.57{col 49}{space 3}0.566{col 57}{space 4}-1.522215{col 70}{space 3} 2.778173
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-50.85169{col 29}{space 2} 18.05539{col 40}{space 1}   -2.82{col 49}{space 3}0.005{col 57}{space 4}-86.32652{col 70}{space 3}-15.37686
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-62.36974{col 29}{space 2} 29.66029{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-120.6456{col 70}{space 3}-4.093861
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 72.01283{col 29}{space 2}  32.2207{col 40}{space 1}    2.23{col 49}{space 3}0.026{col 57}{space 4} 8.706305{col 70}{space 3} 135.3193
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-154.4289{col 29}{space 2} 41.28085{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4}-235.5366{col 70}{space 3}-73.32121
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 73.72825{col 29}{space 2} 31.79679{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} 11.25463{col 70}{space 3} 136.2019
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.67503{col 29}{space 2} 21.71507{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4}-73.34031{col 70}{space 3} 11.99025
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 14.03205{col 29}{space 2} 31.14334{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4} -47.1577{col 70}{space 3}  75.2218
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-89.58502{col 29}{space 2} 28.52912{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-145.6384{col 70}{space 3}-33.53164
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 530.8165{col 29}{space 2} 79.20252{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 375.2012{col 70}{space 3} 686.4319
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 207.7998{col 29}{space 2} 117.1869{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4}-22.44646{col 70}{space 3}  438.046
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 458.5458{col 29}{space 2}  91.5133{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 278.7425{col 70}{space 3} 638.3491
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 559.8353{col 29}{space 2} 111.8427{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 340.0893{col 70}{space 3} 779.5813
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  458.183{col 29}{space 2} 84.11141{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4} 292.9228{col 70}{space 3} 623.4433
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 521.0134{col 29}{space 2} 86.66889{col 40}{space 1}    6.01{col 49}{space 3}0.000{col 57}{space 4} 350.7283{col 70}{space 3} 691.2985
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 259.9567{col 29}{space 2} 87.67806{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 87.68884{col 70}{space 3} 432.2247
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 687.9269{col 29}{space 2} 78.57756{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 533.5394{col 70}{space 3} 842.3143
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 610.5372{col 29}{space 2} 118.5912{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 377.5318{col 70}{space 3} 843.5426
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 395.8505{col 29}{space 2} 93.47217{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 212.1985{col 70}{space 3} 579.5026
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 505.4865{col 29}{space 2} 101.4415{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 306.1766{col 70}{space 3} 704.7964
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 627.0131{col 29}{space 2} 91.44888{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 447.3364{col 70}{space 3} 806.6898
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 438.9255{col 29}{space 2} 102.6873{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 237.1678{col 70}{space 3} 640.6832
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 611.6463{col 29}{space 2} 97.77359{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 419.5429{col 70}{space 3} 803.7497
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 684.9941{col 29}{space 2} 109.5179{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 469.8158{col 70}{space 3} 900.1725
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 700.8699{col 29}{space 2} 104.8759{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4}  494.812{col 70}{space 3} 906.9278
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 799.8659{col 29}{space 2} 112.1733{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 579.4703{col 70}{space 3} 1020.261
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 901.0674{col 29}{space 2}  117.689{col 40}{space 1}    7.66{col 49}{space 3}0.000{col 57}{space 4} 669.8346{col 70}{space 3}   1132.3
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 909.4703{col 29}{space 2} 131.2306{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 651.6314{col 70}{space 3} 1167.309
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 869.6609{col 29}{space 2} 128.6146{col 40}{space 1}    6.76{col 49}{space 3}0.000{col 57}{space 4} 616.9617{col 70}{space 3}  1122.36
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 960.4987{col 29}{space 2} 132.5453{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 700.0767{col 70}{space 3} 1220.921
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 927.5247{col 29}{space 2} 149.7952{col 40}{space 1}    6.19{col 49}{space 3}0.000{col 57}{space 4} 633.2105{col 70}{space 3} 1221.839
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  868.794{col 29}{space 2} 147.8203{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 578.3599{col 70}{space 3} 1159.228
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 999.6978{col 29}{space 2} 149.4711{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 706.0204{col 70}{space 3} 1293.375
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1266.652{col 29}{space 2} 165.6996{col 40}{space 1}    7.64{col 49}{space 3}0.000{col 57}{space 4} 941.0895{col 70}{space 3} 1592.215
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1279.687{col 29}{space 2} 192.7579{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 900.9609{col 70}{space 3} 1658.414
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 783.5763{col 29}{space 2} 197.2177{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 396.0874{col 70}{space 3} 1171.065
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 875.4389{col 29}{space 2} 181.8509{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 518.1422{col 70}{space 3} 1232.736
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1383.419{col 29}{space 2} 193.1879{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 1003.847{col 70}{space 3}  1762.99
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1205.872{col 29}{space 2} 228.7372{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 756.4542{col 70}{space 3}  1655.29
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1361.752{col 29}{space 2} 212.8255{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 943.5971{col 70}{space 3} 1779.907
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1069.484{col 29}{space 2} 235.4835{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 606.8112{col 70}{space 3} 1532.157
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 696.6261{col 29}{space 2} 217.4071{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} 269.4696{col 70}{space 3} 1123.783
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1266.413{col 29}{space 2} 218.1953{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 837.7077{col 70}{space 3} 1695.118
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1084.746{col 29}{space 2} 243.3551{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 606.6074{col 70}{space 3} 1562.885
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1138.881{col 29}{space 2} 234.1386{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 678.8502{col 70}{space 3} 1598.911
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1644.351{col 29}{space 2} 237.0651{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1178.571{col 70}{space 3} 2110.131
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1256.273{col 29}{space 2} 252.3406{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 760.4794{col 70}{space 3} 1752.066
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1254.916{col 29}{space 2} 229.4802{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 804.0381{col 70}{space 3} 1705.793
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1270.776{col 29}{space 2} 241.0408{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 797.1847{col 70}{space 3} 1744.368
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1449.706{col 29}{space 2} 235.7591{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 986.4914{col 70}{space 3}  1912.92
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1455.932{col 29}{space 2} 265.8211{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4}  933.653{col 70}{space 3} 1978.212
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1261.336{col 29}{space 2} 261.7635{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4}  747.029{col 70}{space 3} 1775.643
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1243.833{col 29}{space 2} 256.9136{col 40}{space 1}    4.84{col 49}{space 3}0.000{col 57}{space 4} 739.0545{col 70}{space 3} 1748.611
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1611.234{col 29}{space 2} 254.1246{col 40}{space 1}    6.34{col 49}{space 3}0.000{col 57}{space 4} 1111.936{col 70}{space 3} 2110.533
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1334.289{col 29}{space 2} 282.6052{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 779.0327{col 70}{space 3} 1889.546
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1551.042{col 29}{space 2} 268.4296{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 1023.638{col 70}{space 3} 2078.447
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1503.247{col 29}{space 2} 283.8437{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 945.5572{col 70}{space 3} 2060.937
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1490.405{col 29}{space 2} 277.1229{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 945.9199{col 70}{space 3}  2034.89
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1648.291{col 29}{space 2} 290.3745{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4}  1077.77{col 70}{space 3} 2218.812
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1838.032{col 29}{space 2} 280.7909{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4}  1286.34{col 70}{space 3} 2389.724
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1521.309{col 29}{space 2} 312.7443{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 906.8357{col 70}{space 3} 2135.782
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1717.557{col 29}{space 2} 301.2967{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 1125.576{col 70}{space 3} 2309.538
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1748.438{col 29}{space 2} 334.8052{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4}  1090.62{col 70}{space 3} 2406.255
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1487.145{col 29}{space 2} 311.2545{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 875.5992{col 70}{space 3} 2098.691
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1634.104{col 29}{space 2} 316.4403{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4}  1012.37{col 70}{space 3} 2255.839
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1866.306{col 29}{space 2}  344.942{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 1188.572{col 70}{space 3}  2544.04
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1751.063{col 29}{space 2} 355.1362{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 1053.299{col 70}{space 3} 2448.827
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2070.678{col 29}{space 2} 380.3763{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 1323.323{col 70}{space 3} 2818.033
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1934.814{col 29}{space 2} 368.6832{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 1210.433{col 70}{space 3} 2659.194
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1792.106{col 29}{space 2} 405.2841{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 995.8131{col 70}{space 3} 2588.399
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}  1157.09{col 29}{space 2} 348.9232{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 471.5334{col 70}{space 3} 1842.646
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1874.403{col 29}{space 2} 351.0295{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 1184.708{col 70}{space 3} 2564.098
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 194.6243{col 29}{space 2} 128.7073{col 40}{space 1}    1.51{col 49}{space 3}0.131{col 57}{space 4}-58.25689{col 70}{space 3} 447.5054
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 81,       494){col 67}= {res}      3.31
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0717066{col 29}{space 2} .0208659{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-.1127034{col 70}{space 3}-.0307098
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .001078{col 29}{space 2} .0009079{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0007059{col 70}{space 3} .0028619
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0012766{col 29}{space 2} .0372566{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-.0719244{col 70}{space 3} .0744775
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0002596{col 29}{space 2} .0017975{col 40}{space 1}    0.14{col 49}{space 3}0.885{col 57}{space 4}-.0032721{col 70}{space 3} .0037913
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1029632{col 29}{space 2} .0772814{col 40}{space 1}   -1.33{col 49}{space 3}0.183{col 57}{space 4}-.2548041{col 70}{space 3} .0488776
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0031147{col 29}{space 2} .0022165{col 40}{space 1}    1.41{col 49}{space 3}0.161{col 57}{space 4}-.0012402{col 70}{space 3} .0074697
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0256547{col 29}{space 2} .0244445{col 40}{space 1}    1.05{col 49}{space 3}0.294{col 57}{space 4}-.0223733{col 70}{space 3} .0736826
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .000241{col 29}{space 2} .0022038{col 40}{space 1}    0.11{col 49}{space 3}0.913{col 57}{space 4} -.004089{col 70}{space 3}  .004571
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0688651{col 29}{space 2} .0724423{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-.2111981{col 70}{space 3}  .073468
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009007{col 29}{space 2} .0017893{col 40}{space 1}    0.50{col 49}{space 3}0.615{col 57}{space 4}-.0026148{col 70}{space 3} .0044162
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .0494213{col 29}{space 2} .8796619{col 40}{space 1}    0.06{col 49}{space 3}0.955{col 57}{space 4}-1.678919{col 70}{space 3} 1.777761
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 1.745023{col 29}{space 2} 1.001122{col 40}{space 1}    1.74{col 49}{space 3}0.082{col 57}{space 4}  -.22196{col 70}{space 3} 3.712006
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2232122{col 29}{space 2} .7679377{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-1.732039{col 70}{space 3} 1.285615
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.550093{col 29}{space 2}  1.27565{col 40}{space 1}    1.22{col 49}{space 3}0.225{col 57}{space 4}-.9562755{col 70}{space 3} 4.056462
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2300048{col 29}{space 2} 1.102511{col 40}{space 1}    0.21{col 49}{space 3}0.835{col 57}{space 4}-1.936184{col 70}{space 3} 2.396194
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.00657{col 29}{space 2} .8318193{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-.6277703{col 70}{space 3}  2.64091
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.685638{col 29}{space 2} 1.375841{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-1.017584{col 70}{space 3}  4.38886
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .6313662{col 29}{space 2} 1.130922{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-1.590644{col 70}{space 3} 2.853377
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.9029426{col 29}{space 2}  2.70666{col 40}{space 1}   -0.33{col 49}{space 3}0.739{col 57}{space 4}-6.220928{col 70}{space 3} 4.415043
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.904125{col 29}{space 2} 5.023619{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-15.77442{col 70}{space 3}  3.96617
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.901609{col 29}{space 2} 3.543623{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-10.86404{col 70}{space 3} 3.060822
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.803918{col 29}{space 2} 3.055644{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-8.807579{col 70}{space 3} 3.199743
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.550929{col 29}{space 2} 3.052509{col 40}{space 1}   -0.84{col 49}{space 3}0.404{col 57}{space 4}-8.548431{col 70}{space 3} 3.446573
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.433622{col 29}{space 2}  2.70558{col 40}{space 1}   -0.53{col 49}{space 3}0.596{col 57}{space 4}-6.749484{col 70}{space 3} 3.882241
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.370251{col 29}{space 2} 2.675319{col 40}{space 1}   -1.63{col 49}{space 3}0.103{col 57}{space 4}-9.626658{col 70}{space 3} .8861564
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.773049{col 29}{space 2} 3.149381{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-9.960882{col 70}{space 3} 2.414784
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.352436{col 29}{space 2} 3.405117{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-11.04273{col 70}{space 3} 2.337862
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  -.86565{col 29}{space 2} 3.491731{col 40}{space 1}   -0.25{col 49}{space 3}0.804{col 57}{space 4}-7.726126{col 70}{space 3} 5.994826
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-3.052248{col 29}{space 2} 2.775859{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-8.506193{col 70}{space 3} 2.401698
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.565887{col 29}{space 2} 4.733868{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-18.86689{col 70}{space 3}-.2648884
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.309295{col 29}{space 2} 3.177281{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-11.55195{col 70}{space 3} .9333566
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.234967{col 29}{space 2} 3.666078{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4}  -10.438{col 70}{space 3} 3.968061
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.504474{col 29}{space 2} 3.601004{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-10.57965{col 70}{space 3} 3.570699
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.575885{col 29}{space 2}  3.81498{col 40}{space 1}   -0.41{col 49}{space 3}0.680{col 57}{space 4}-9.071472{col 70}{space 3} 5.919702
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.213158{col 29}{space 2} 4.530638{col 40}{space 1}   -0.49{col 49}{space 3}0.625{col 57}{space 4}-11.11485{col 70}{space 3} 6.688539
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.055062{col 29}{space 2} 4.764296{col 40}{space 1}   -1.27{col 49}{space 3}0.204{col 57}{space 4}-15.41584{col 70}{space 3} 3.305721
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -5.04482{col 29}{space 2} 4.044661{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-12.99168{col 70}{space 3}  2.90204
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.127767{col 29}{space 2} 5.748408{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-8.166577{col 70}{space 3} 14.42211
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.566401{col 29}{space 2} 4.675545{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-14.75281{col 70}{space 3} 3.620005
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -2.84115{col 29}{space 2} 6.048152{col 40}{space 1}   -0.47{col 49}{space 3}0.639{col 57}{space 4}-14.72443{col 70}{space 3} 9.042125
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-6.875663{col 29}{space 2} 4.636334{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-15.98503{col 70}{space 3} 2.233703
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.662441{col 29}{space 2} 4.842464{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-16.17681{col 70}{space 3} 2.851924
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.351127{col 29}{space 2} 5.488521{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-19.13485{col 70}{space 3} 2.432596
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-4.872407{col 29}{space 2} 6.079972{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4} -16.8182{col 70}{space 3} 7.073386
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-9.592889{col 29}{space 2} 5.521514{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-20.44144{col 70}{space 3} 1.255658
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.93154{col 29}{space 2} 5.867427{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-24.45973{col 70}{space 3}-1.403348
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-7.963796{col 29}{space 2} 5.857559{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4} -19.4726{col 70}{space 3} 3.545006
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.81224{col 29}{space 2} 6.759427{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-24.09302{col 70}{space 3} 2.468527
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-8.786687{col 29}{space 2} 6.355675{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-21.27418{col 70}{space 3} 3.700802
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.673919{col 29}{space 2} 6.712182{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-18.86186{col 70}{space 3} 7.514025
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-7.340613{col 29}{space 2} 5.896242{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-18.92542{col 70}{space 3} 4.244192
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-5.200542{col 29}{space 2} 6.150885{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-17.28566{col 70}{space 3} 6.884579
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-7.982085{col 29}{space 2} 6.806633{col 40}{space 1}   -1.17{col 49}{space 3}0.241{col 57}{space 4}-21.35561{col 70}{space 3} 5.391437
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.121258{col 29}{space 2} 7.258427{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-21.38245{col 70}{space 3} 7.139938
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.051737{col 29}{space 2} 6.872519{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-21.55471{col 70}{space 3} 5.451236
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-1.883451{col 29}{space 2} 7.703425{col 40}{space 1}   -0.24{col 49}{space 3}0.807{col 57}{space 4}-17.01897{col 70}{space 3} 13.25207
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.972896{col 29}{space 2} 6.684621{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-22.10669{col 70}{space 3} 4.160899
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-4.568124{col 29}{space 2} 6.990396{col 40}{space 1}   -0.65{col 49}{space 3}0.514{col 57}{space 4} -18.3027{col 70}{space 3}  9.16645
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-8.420294{col 29}{space 2}  7.19405{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}  -22.555{col 70}{space 3} 5.714415
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-8.058851{col 29}{space 2} 7.743496{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4} -23.2731{col 70}{space 3} 7.155398
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.651066{col 29}{space 2} 7.421553{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4}-23.23277{col 70}{space 3} 5.930637
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-6.549417{col 29}{space 2} 7.811326{col 40}{space 1}   -0.84{col 49}{space 3}0.402{col 57}{space 4}-21.89694{col 70}{space 3} 8.798102
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.950811{col 29}{space 2} 7.742991{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.16407{col 70}{space 3} 7.262446
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.385513{col 29}{space 2} 8.020324{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-23.14367{col 70}{space 3} 8.372641
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-7.690205{col 29}{space 2} 7.954287{col 40}{space 1}   -0.97{col 49}{space 3}0.334{col 57}{space 4}-23.31861{col 70}{space 3} 7.938201
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 3.569098{col 29}{space 2} 7.899442{col 40}{space 1}    0.45{col 49}{space 3}0.652{col 57}{space 4}-11.95155{col 70}{space 3} 19.08975
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.266049{col 29}{space 2} 8.883874{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-21.72089{col 70}{space 3} 13.18879
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-6.894808{col 29}{space 2} 7.590216{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-21.80789{col 70}{space 3} 8.018279
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.293034{col 29}{space 2} 8.672922{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4} -26.3334{col 70}{space 3} 7.747331
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -9.73448{col 29}{space 2} 9.150855{col 40}{space 1}   -1.06{col 49}{space 3}0.288{col 57}{space 4}-27.71388{col 70}{space 3} 8.244915
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.947519{col 29}{space 2} 8.640293{col 40}{space 1}   -1.04{col 49}{space 3}0.301{col 57}{space 4}-25.92377{col 70}{space 3} 8.028736
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-7.294264{col 29}{space 2}  9.53226{col 40}{space 1}   -0.77{col 49}{space 3}0.445{col 57}{space 4}-26.02304{col 70}{space 3} 11.43451
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-10.62027{col 29}{space 2} 9.292293{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-28.87757{col 70}{space 3} 7.637016
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-4.640486{col 29}{space 2} 9.297527{col 40}{space 1}   -0.50{col 49}{space 3}0.618{col 57}{space 4}-22.90806{col 70}{space 3} 13.62709
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-8.892103{col 29}{space 2} 9.718117{col 40}{space 1}   -0.92{col 49}{space 3}0.361{col 57}{space 4}-27.98604{col 70}{space 3} 10.20184
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.170887{col 29}{space 2}  10.1939{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-26.19964{col 70}{space 3} 13.85787
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-10.19924{col 29}{space 2} 10.17968{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-30.20006{col 70}{space 3} 9.801568
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -10.7401{col 29}{space 2} 10.55135{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-31.47115{col 70}{space 3}  9.99095
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.18697{col 29}{space 2} 10.35704{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-31.53625{col 70}{space 3} 9.162303
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-12.57751{col 29}{space 2} 10.22731{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-32.67191{col 70}{space 3} 7.516884
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.99366{col 29}{space 2}  11.1314{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-29.86439{col 70}{space 3} 13.87707
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.627522{col 29}{space 2} 4.065067{col 40}{space 1}   -0.40{col 49}{space 3}0.689{col 57}{space 4}-9.614475{col 70}{space 3} 6.359432
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(81, 494)      = {res}    12.62
{txt}       Model {c |} {res} 23488426.1        81   289980.57   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 11352679.7       494   22981.133   {txt}R-squared       ={res}    0.6742
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6207
{txt}       Total {c |} {res} 34841105.9       575  60593.2276   {txt}Root MSE        =   {res}  151.6

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1325401{col 29}{space 2} .0226159{col 40}{space 1}   -5.86{col 49}{space 3}0.000{col 57}{space 4}-.1769752{col 70}{space 3}-.0881049
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.784976{col 29}{space 2} .5668438{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} .6712543{col 70}{space 3} 2.898699
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1280258{col 29}{space 2} .0447939{col 40}{space 1}    2.86{col 49}{space 3}0.004{col 57}{space 4} .0400158{col 70}{space 3} .2160357
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1446249{col 29}{space 2} 1.173673{col 40}{space 1}    0.12{col 49}{space 3}0.902{col 57}{space 4}-2.161382{col 70}{space 3} 2.450632
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607562{col 29}{space 2} .0481669{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} .0661191{col 70}{space 3} .2553934
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.800817{col 29}{space 2} 1.287419{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-4.330309{col 70}{space 3} .7286755
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0590269{col 29}{space 2} .0504733{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-.1581957{col 70}{space 3} .0401418
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.70119{col 29}{space 2} 1.266857{col 40}{space 1}   -2.13{col 49}{space 3}0.033{col 57}{space 4}-5.190283{col 70}{space 3}-.2120966
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1087663{col 29}{space 2} .0500042{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} .0105191{col 70}{space 3} .2070135
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .627979{col 29}{space 2} 1.233701{col 40}{space 1}    0.51{col 49}{space 3}0.611{col 57}{space 4} -1.79597{col 70}{space 3} 3.051928
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-50.85169{col 29}{space 2} 28.20723{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-106.2726{col 70}{space 3} 4.569247
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-62.36974{col 29}{space 2} 34.23601{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-129.6359{col 70}{space 3}  4.89641
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 72.01283{col 29}{space 2} 28.35967{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 16.29238{col 70}{space 3} 127.7333
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-154.4289{col 29}{space 2} 36.96797{col 40}{space 1}   -4.18{col 49}{space 3}0.000{col 57}{space 4}-227.0627{col 70}{space 3}-81.79506
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 73.72825{col 29}{space 2} 32.89212{col 40}{space 1}    2.24{col 49}{space 3}0.025{col 57}{space 4} 9.102542{col 70}{space 3}  138.354
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.67503{col 29}{space 2} 27.65887{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-85.01856{col 70}{space 3}  23.6685
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 14.03205{col 29}{space 2} 34.32431{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-53.40759{col 70}{space 3} 81.47169
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-89.58502{col 29}{space 2} 32.22635{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-152.9026{col 70}{space 3} -26.2674
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 530.8165{col 29}{space 2}  77.2477{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4}  379.042{col 70}{space 3} 682.5911
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 207.7998{col 29}{space 2} 91.16948{col 40}{space 1}    2.28{col 49}{space 3}0.023{col 57}{space 4} 28.67198{col 70}{space 3} 386.9275
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 458.5458{col 29}{space 2} 93.65661{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 274.5314{col 70}{space 3} 642.5602
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 559.8353{col 29}{space 2} 87.31095{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 388.2887{col 70}{space 3} 731.3819
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  458.183{col 29}{space 2} 83.46465{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 294.1936{col 70}{space 3} 622.1725
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 521.0134{col 29}{space 2} 83.94291{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 356.0842{col 70}{space 3} 685.9425
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 259.9567{col 29}{space 2} 80.33014{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 102.1259{col 70}{space 3} 417.7876
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 687.9269{col 29}{space 2} 77.74021{col 40}{space 1}    8.85{col 49}{space 3}0.000{col 57}{space 4} 535.1846{col 70}{space 3} 840.6691
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 610.5372{col 29}{space 2} 83.83836{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4} 445.8135{col 70}{space 3}  775.261
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 395.8505{col 29}{space 2} 87.30789{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4} 224.3099{col 70}{space 3} 567.3911
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 505.4865{col 29}{space 2} 84.76279{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 338.9465{col 70}{space 3} 672.0266
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 627.0131{col 29}{space 2} 81.22378{col 40}{space 1}    7.72{col 49}{space 3}0.000{col 57}{space 4} 467.4264{col 70}{space 3} 786.5998
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 438.9255{col 29}{space 2} 86.84345{col 40}{space 1}    5.05{col 49}{space 3}0.000{col 57}{space 4} 268.2974{col 70}{space 3} 609.5536
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 611.6463{col 29}{space 2} 87.36548{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 439.9925{col 70}{space 3}    783.3
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 684.9941{col 29}{space 2} 88.51261{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 511.0865{col 70}{space 3} 858.9017
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 700.8699{col 29}{space 2} 90.46716{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 523.1221{col 70}{space 3} 878.6178
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 799.8659{col 29}{space 2} 93.16536{col 40}{space 1}    8.59{col 49}{space 3}0.000{col 57}{space 4} 616.8166{col 70}{space 3} 982.9151
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 901.0674{col 29}{space 2} 93.76557{col 40}{space 1}    9.61{col 49}{space 3}0.000{col 57}{space 4} 716.8389{col 70}{space 3} 1085.296
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 909.4703{col 29}{space 2} 97.40687{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 718.0875{col 70}{space 3} 1100.853
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 869.6609{col 29}{space 2} 99.54479{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 674.0775{col 70}{space 3} 1065.244
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 960.4987{col 29}{space 2} 101.3978{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4} 761.2745{col 70}{space 3} 1159.723
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 927.5247{col 29}{space 2} 105.5545{col 40}{space 1}    8.79{col 49}{space 3}0.000{col 57}{space 4} 720.1335{col 70}{space 3} 1134.916
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  868.794{col 29}{space 2} 109.4955{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 653.6597{col 70}{space 3} 1083.928
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 999.6978{col 29}{space 2} 111.5595{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4} 780.5082{col 70}{space 3} 1218.887
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1266.652{col 29}{space 2} 116.8724{col 40}{space 1}   10.84{col 49}{space 3}0.000{col 57}{space 4} 1037.024{col 70}{space 3} 1496.281
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1279.687{col 29}{space 2} 126.9957{col 40}{space 1}   10.08{col 49}{space 3}0.000{col 57}{space 4} 1030.169{col 70}{space 3} 1529.206
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 783.5763{col 29}{space 2} 134.2261{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 519.8518{col 70}{space 3} 1047.301
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 875.4389{col 29}{space 2} 130.6631{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 618.7149{col 70}{space 3} 1132.163
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1383.419{col 29}{space 2} 131.1645{col 40}{space 1}   10.55{col 49}{space 3}0.000{col 57}{space 4}  1125.71{col 70}{space 3} 1641.128
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1205.872{col 29}{space 2}  146.789{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4} 917.4643{col 70}{space 3}  1494.28
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1361.752{col 29}{space 2} 155.6477{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 1055.939{col 70}{space 3} 1667.565
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1069.484{col 29}{space 2} 156.6721{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4}  761.658{col 70}{space 3}  1377.31
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 696.6261{col 29}{space 2} 152.2711{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 397.4473{col 70}{space 3} 995.8049
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1266.413{col 29}{space 2} 152.2002{col 40}{space 1}    8.32{col 49}{space 3}0.000{col 57}{space 4} 967.3734{col 70}{space 3} 1565.452
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1084.746{col 29}{space 2} 161.0478{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4}  768.323{col 70}{space 3} 1401.169
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1138.881{col 29}{space 2} 167.4025{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 809.9718{col 70}{space 3} 1467.789
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1644.351{col 29}{space 2} 167.7067{col 40}{space 1}    9.80{col 49}{space 3}0.000{col 57}{space 4} 1314.844{col 70}{space 3} 1973.857
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1256.273{col 29}{space 2}  168.333{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 925.5357{col 70}{space 3}  1587.01
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1254.916{col 29}{space 2} 170.4206{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 920.0772{col 70}{space 3} 1589.754
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1270.776{col 29}{space 2} 168.3872{col 40}{space 1}    7.55{col 49}{space 3}0.000{col 57}{space 4} 939.9327{col 70}{space 3}  1601.62
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1449.706{col 29}{space 2} 168.9235{col 40}{space 1}    8.58{col 49}{space 3}0.000{col 57}{space 4} 1117.809{col 70}{space 3} 1781.603
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1455.932{col 29}{space 2} 178.5127{col 40}{space 1}    8.16{col 49}{space 3}0.000{col 57}{space 4} 1105.195{col 70}{space 3}  1806.67
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1261.336{col 29}{space 2} 183.2864{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 901.2191{col 70}{space 3} 1621.453
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1243.833{col 29}{space 2} 183.0556{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 884.1691{col 70}{space 3} 1603.496
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1611.234{col 29}{space 2} 182.3337{col 40}{space 1}    8.84{col 49}{space 3}0.000{col 57}{space 4} 1252.989{col 70}{space 3} 1969.479
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1334.289{col 29}{space 2} 192.3335{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 956.3967{col 70}{space 3} 1712.182
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1551.042{col 29}{space 2}  195.532{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 1166.865{col 70}{space 3} 1935.219
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1503.247{col 29}{space 2} 198.0643{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4} 1114.095{col 70}{space 3} 1892.399
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1490.405{col 29}{space 2} 198.5563{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4} 1100.286{col 70}{space 3} 1880.524
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1648.291{col 29}{space 2} 204.0924{col 40}{space 1}    8.08{col 49}{space 3}0.000{col 57}{space 4} 1247.295{col 70}{space 3} 2049.287
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1838.032{col 29}{space 2} 206.9132{col 40}{space 1}    8.88{col 49}{space 3}0.000{col 57}{space 4} 1431.494{col 70}{space 3}  2244.57
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1521.309{col 29}{space 2} 214.3308{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1100.196{col 70}{space 3} 1942.421
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1717.557{col 29}{space 2} 214.6864{col 40}{space 1}    8.00{col 49}{space 3}0.000{col 57}{space 4} 1295.746{col 70}{space 3} 2139.368
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1748.438{col 29}{space 2} 219.1179{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4}  1317.92{col 70}{space 3} 2178.956
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1487.145{col 29}{space 2} 225.3209{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4}  1044.44{col 70}{space 3} 1929.851
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1634.104{col 29}{space 2} 230.0055{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1182.195{col 70}{space 3} 2086.014
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1866.306{col 29}{space 2} 232.1185{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1410.245{col 70}{space 3} 2322.367
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1751.063{col 29}{space 2} 240.4682{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4} 1278.597{col 70}{space 3}  2223.53
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2070.678{col 29}{space 2} 245.4772{col 40}{space 1}    8.44{col 49}{space 3}0.000{col 57}{space 4}  1588.37{col 70}{space 3} 2552.986
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1934.814{col 29}{space 2} 250.3993{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 1442.835{col 70}{space 3} 2426.793
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1792.106{col 29}{space 2} 253.3404{col 40}{space 1}    7.07{col 49}{space 3}0.000{col 57}{space 4} 1294.349{col 70}{space 3} 2289.864
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}  1157.09{col 29}{space 2} 256.7936{col 40}{space 1}    4.51{col 49}{space 3}0.000{col 57}{space 4} 652.5476{col 70}{space 3} 1661.632
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1874.403{col 29}{space 2} 251.6169{col 40}{space 1}    7.45{col 49}{space 3}0.000{col 57}{space 4} 1380.032{col 70}{space 3} 2368.774
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 194.6243{col 29}{space 2} 102.9999{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-7.747565{col 70}{space 3} 396.9961
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-3988.246{col 38}-3665.299{col 49}    82{col 58} 7494.599{col 69} 7851.799
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(81, 494)      = {res}     2.30
{txt}       Model {c |} {res}  6266.8833        81  77.3689296   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 16607.4414       494  33.6183025   {txt}R-squared       ={res}    0.2740
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1549
{txt}       Total {c |} {res} 22874.3247       575  39.7814343   {txt}Root MSE        =   {res} 5.7981

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0717066{col 29}{space 2} .0220072{col 40}{space 1}   -3.26{col 49}{space 3}0.001{col 57}{space 4}-.1149458{col 70}{space 3}-.0284674
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .001078{col 29}{space 2} .0008663{col 40}{space 1}    1.24{col 49}{space 3}0.214{col 57}{space 4}-.0006241{col 70}{space 3} .0027801
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0012766{col 29}{space 2} .0494406{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-.0958632{col 70}{space 3} .0984163
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0002596{col 29}{space 2} .0017136{col 40}{space 1}    0.15{col 49}{space 3}0.880{col 57}{space 4}-.0031073{col 70}{space 3} .0036265
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1029632{col 29}{space 2} .0495299{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-.2002784{col 70}{space 3}-.0056481
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0031147{col 29}{space 2} .0016972{col 40}{space 1}    1.84{col 49}{space 3}0.067{col 57}{space 4}-.0002199{col 70}{space 3} .0064493
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0256547{col 29}{space 2} .0473524{col 40}{space 1}    0.54{col 49}{space 3}0.588{col 57}{space 4}-.0673823{col 70}{space 3} .1186917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .000241{col 29}{space 2} .0018601{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-.0034137{col 70}{space 3} .0038957
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0688651{col 29}{space 2} .0454373{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-.1581393{col 70}{space 3} .0204092
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009007{col 29}{space 2} .0019224{col 40}{space 1}    0.47{col 49}{space 3}0.640{col 57}{space 4}-.0028763{col 70}{space 3} .0046777
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .0494213{col 29}{space 2} 1.080264{col 40}{space 1}    0.05{col 49}{space 3}0.964{col 57}{space 4}-2.073058{col 70}{space 3} 2.171901
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 1.745023{col 29}{space 2}  1.32453{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.8573848{col 70}{space 3}  4.34743
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2232122{col 29}{space 2} 1.089596{col 40}{space 1}   -0.20{col 49}{space 3}0.838{col 57}{space 4}-2.364027{col 70}{space 3} 1.917603
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.550093{col 29}{space 2}  1.41987{col 40}{space 1}    1.09{col 49}{space 3}0.275{col 57}{space 4}-1.239635{col 70}{space 3} 4.339822
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2300048{col 29}{space 2} 1.253901{col 40}{space 1}    0.18{col 49}{space 3}0.855{col 57}{space 4}-2.233632{col 70}{space 3} 2.693642
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.00657{col 29}{space 2} 1.058853{col 40}{space 1}    0.95{col 49}{space 3}0.342{col 57}{space 4}-1.073841{col 70}{space 3}  3.08698
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.685638{col 29}{space 2} 1.315555{col 40}{space 1}    1.28{col 49}{space 3}0.201{col 57}{space 4}-.8991347{col 70}{space 3} 4.270411
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .6313662{col 29}{space 2} 1.254792{col 40}{space 1}    0.50{col 49}{space 3}0.615{col 57}{space 4}-1.834021{col 70}{space 3} 3.096754
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.9029426{col 29}{space 2} 3.102156{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4} -6.99799{col 70}{space 3} 5.192104
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.904125{col 29}{space 2} 3.473126{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-12.72805{col 70}{space 3} .9197962
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.901609{col 29}{space 2} 3.299497{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-10.38439{col 70}{space 3}  2.58117
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.803918{col 29}{space 2}  3.11608{col 40}{space 1}   -0.90{col 49}{space 3}0.369{col 57}{space 4}-8.926322{col 70}{space 3} 3.318486
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.550929{col 29}{space 2} 3.277065{col 40}{space 1}   -0.78{col 49}{space 3}0.437{col 57}{space 4}-8.989635{col 70}{space 3} 3.887776
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.433622{col 29}{space 2} 3.159788{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-7.641903{col 70}{space 3} 4.774659
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.370251{col 29}{space 2}  3.04646{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4}-10.35587{col 70}{space 3} 1.615366
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.773049{col 29}{space 2} 3.113784{col 40}{space 1}   -1.21{col 49}{space 3}0.226{col 57}{space 4}-9.890943{col 70}{space 3} 2.344845
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.352436{col 29}{space 2} 3.300454{col 40}{space 1}   -1.32{col 49}{space 3}0.188{col 57}{space 4}-10.83709{col 70}{space 3} 2.132222
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  -.86565{col 29}{space 2} 3.336736{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-7.421595{col 70}{space 3} 5.690295
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-3.052248{col 29}{space 2} 3.069099{col 40}{space 1}   -0.99{col 49}{space 3}0.320{col 57}{space 4}-9.082346{col 70}{space 3} 2.977851
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.565887{col 29}{space 2} 3.217534{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-15.88763{col 70}{space 3}-3.244148
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.309295{col 29}{space 2}   3.3183{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-11.82902{col 70}{space 3} 1.210426
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.234967{col 29}{space 2} 3.299752{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-9.718246{col 70}{space 3} 3.248312
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.504474{col 29}{space 2} 3.390391{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-10.16584{col 70}{space 3}  3.15689
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.575885{col 29}{space 2} 3.580859{col 40}{space 1}   -0.44{col 49}{space 3}0.660{col 57}{space 4}-8.611476{col 70}{space 3} 5.459707
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.213158{col 29}{space 2} 3.573096{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4}-9.233498{col 70}{space 3} 4.807182
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.055062{col 29}{space 2} 3.731576{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-13.38678{col 70}{space 3} 1.276656
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -5.04482{col 29}{space 2} 3.864165{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-12.63705{col 70}{space 3} 2.547405
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.127767{col 29}{space 2} 3.925458{col 40}{space 1}    0.80{col 49}{space 3}0.426{col 57}{space 4}-4.584886{col 70}{space 3} 10.84042
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.566401{col 29}{space 2} 4.050607{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-13.52494{col 70}{space 3} 2.392141
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -2.84115{col 29}{space 2}  4.21429{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-11.12129{col 70}{space 3} 5.438993
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-6.875663{col 29}{space 2} 4.291336{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-15.30718{col 70}{space 3} 1.555859
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.662441{col 29}{space 2} 4.410225{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-15.32755{col 70}{space 3} 2.002672
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.351127{col 29}{space 2} 4.783906{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-17.75044{col 70}{space 3} 1.048185
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-4.872407{col 29}{space 2} 5.124973{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-14.94184{col 70}{space 3} 5.197026
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-9.592889{col 29}{space 2} 5.044703{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-19.50461{col 70}{space 3} .3188301
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.93154{col 29}{space 2} 4.899982{col 40}{space 1}   -2.64{col 49}{space 3}0.009{col 57}{space 4}-22.55891{col 70}{space 3}-3.304162
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-7.963796{col 29}{space 2} 5.374868{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-18.52422{col 70}{space 3} 2.596625
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.81224{col 29}{space 2} 5.850599{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-22.30737{col 70}{space 3} .6828819
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-8.786687{col 29}{space 2} 5.961801{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4} -20.5003{col 70}{space 3} 2.926927
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.673919{col 29}{space 2} 5.793631{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-17.05712{col 70}{space 3} 5.709277
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-7.340613{col 29}{space 2} 5.742643{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-18.62363{col 70}{space 3} 3.942404
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-5.200542{col 29}{space 2} 5.888036{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4}-16.76922{col 70}{space 3}  6.36814
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-7.982085{col 29}{space 2} 6.222983{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-20.20886{col 70}{space 3} 4.244693
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.121258{col 29}{space 2} 6.306957{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-19.51303{col 70}{space 3} 5.270511
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.051737{col 29}{space 2} 6.276032{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-20.38274{col 70}{space 3} 4.279271
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-1.883451{col 29}{space 2} 6.476098{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-14.60754{col 70}{space 3} 10.84064
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.972896{col 29}{space 2} 6.403076{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}-21.55352{col 70}{space 3} 3.607725
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-4.568124{col 29}{space 2} 6.347455{col 40}{space 1}   -0.72{col 49}{space 3}0.472{col 57}{space 4}-17.03946{col 70}{space 3} 7.903214
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-8.420294{col 29}{space 2} 6.715302{col 40}{space 1}   -1.25{col 49}{space 3}0.210{col 57}{space 4}-21.61437{col 70}{space 3} 4.773782
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-8.058851{col 29}{space 2} 6.924626{col 40}{space 1}   -1.16{col 49}{space 3}0.245{col 57}{space 4} -21.6642{col 70}{space 3} 5.546501
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.651066{col 29}{space 2}  6.95728{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-22.32058{col 70}{space 3} 5.018444
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-6.549417{col 29}{space 2} 6.858561{col 40}{space 1}   -0.95{col 49}{space 3}0.340{col 57}{space 4}-20.02497{col 70}{space 3} 6.926132
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.950811{col 29}{space 2} 7.170823{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-22.03988{col 70}{space 3} 6.138262
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.385513{col 29}{space 2} 7.380906{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-21.88735{col 70}{space 3} 7.116327
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-7.690205{col 29}{space 2} 7.485045{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-22.39665{col 70}{space 3} 7.016245
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 3.569098{col 29}{space 2} 7.477754{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-11.12303{col 70}{space 3} 18.26122
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.266049{col 29}{space 2} 7.715434{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-19.42516{col 70}{space 3} 10.89306
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-6.894808{col 29}{space 2} 7.803884{col 40}{space 1}   -0.88{col 49}{space 3}0.377{col 57}{space 4} -22.2277{col 70}{space 3} 8.438089
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.293034{col 29}{space 2} 8.145782{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-25.29769{col 70}{space 3} 6.711617
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -9.73448{col 29}{space 2}  8.20456{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-25.85462{col 70}{space 3} 6.385658
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.947519{col 29}{space 2} 8.285088{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-25.22588{col 70}{space 3} 7.330837
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-7.294264{col 29}{space 2} 8.476142{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}  -23.948{col 70}{space 3} 9.359472
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-10.62027{col 29}{space 2} 8.706106{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-27.72584{col 70}{space 3} 6.485288
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-4.640486{col 29}{space 2}  8.72978{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4}-21.79256{col 70}{space 3} 12.51159
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-8.892103{col 29}{space 2}  9.02904{col 40}{space 1}   -0.98{col 49}{space 3}0.325{col 57}{space 4}-26.63216{col 70}{space 3} 8.847953
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.170887{col 29}{space 2} 9.280609{col 40}{space 1}   -0.66{col 49}{space 3}0.506{col 57}{space 4}-24.40522{col 70}{space 3} 12.06345
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-10.19924{col 29}{space 2} 9.462813{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-28.79157{col 70}{space 3}  8.39308
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -10.7401{col 29}{space 2} 9.599988{col 40}{space 1}   -1.12{col 49}{space 3}0.264{col 57}{space 4}-29.60194{col 70}{space 3} 8.121741
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.18697{col 29}{space 2} 9.741646{col 40}{space 1}   -1.15{col 49}{space 3}0.251{col 57}{space 4}-30.32714{col 70}{space 3} 7.953195
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-12.57751{col 29}{space 2} 9.510995{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4} -31.2645{col 70}{space 3} 6.109478
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.99366{col 29}{space 2} 9.762732{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-27.17526{col 70}{space 3} 11.18794
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.627522{col 29}{space 2} 4.028249{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-9.542135{col 70}{space 3} 6.287092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.B: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (4,3)
. 
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if oldsouth==1) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if oldsouth==1), corr
. 
. //estat ic
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       504){col 67}= {res}     38.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1203076{col 29}{space 2} .0307253{col 40}{space 1}   -3.92{col 49}{space 3}0.000{col 57}{space 4}-.1806732{col 70}{space 3}-.0599421
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.890255{col 29}{space 2} .6332182{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4} .6461829{col 70}{space 3} 3.134328
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1145581{col 29}{space 2} .1123197{col 40}{space 1}    1.02{col 49}{space 3}0.308{col 57}{space 4}-.1061143{col 70}{space 3} .3352306
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1734049{col 29}{space 2} 1.246841{col 40}{space 1}    0.14{col 49}{space 3}0.889{col 57}{space 4}-2.276242{col 70}{space 3} 2.623051
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1455908{col 29}{space 2}  .084018{col 40}{space 1}    1.73{col 49}{space 3}0.084{col 57}{space 4}-.0194779{col 70}{space 3} .3106595
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.190547{col 29}{space 2} 1.255082{col 40}{space 1}   -1.75{col 49}{space 3}0.082{col 57}{space 4}-4.656384{col 70}{space 3} .2752903
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0658238{col 29}{space 2} .0606822{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4} -.185045{col 70}{space 3} .0533975
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-2.206496{col 29}{space 2} 1.188035{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-4.540607{col 70}{space 3} .1276161
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-43.13205{col 29}{space 2} 17.97002{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-78.43742{col 70}{space 3}-7.826682
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-65.80628{col 29}{space 2} 29.44723{col 40}{space 1}   -2.23{col 49}{space 3}0.026{col 57}{space 4}-123.6607{col 70}{space 3}-7.951843
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.42308{col 29}{space 2} 32.56611{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 2.441026{col 70}{space 3} 130.4051
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-139.6561{col 29}{space 2} 39.34119{col 40}{space 1}   -3.55{col 49}{space 3}0.000{col 57}{space 4} -216.949{col 70}{space 3}-62.36314
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 58.78885{col 29}{space 2} 34.02461{col 40}{space 1}    1.73{col 49}{space 3}0.085{col 57}{space 4}  -8.0587{col 70}{space 3} 125.6364
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-27.64221{col 29}{space 2} 23.93548{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-74.66781{col 70}{space 3}  19.3834
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .1821421{col 29}{space 2}  31.6346{col 40}{space 1}    0.01{col 49}{space 3}0.995{col 57}{space 4}-61.96979{col 70}{space 3} 62.33408
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-90.93898{col 29}{space 2}  26.7248{col 40}{space 1}   -3.40{col 49}{space 3}0.001{col 57}{space 4}-143.4447{col 70}{space 3}-38.43324
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 125.2284{col 29}{space 2} 94.55403{col 40}{space 1}    1.32{col 49}{space 3}0.186{col 57}{space 4}-60.54016{col 70}{space 3}  310.997
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 639.3394{col 29}{space 2} 87.20856{col 40}{space 1}    7.33{col 49}{space 3}0.000{col 57}{space 4} 468.0023{col 70}{space 3} 810.6765
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 271.6152{col 29}{space 2} 117.5339{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 40.69854{col 70}{space 3} 502.5319
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 474.9421{col 29}{space 2} 90.58405{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 296.9732{col 70}{space 3} 652.9109
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 586.2545{col 29}{space 2} 80.94686{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 427.2196{col 70}{space 3} 745.2893
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 538.8862{col 29}{space 2}  73.8532{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 393.7882{col 70}{space 3} 683.9843
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 569.7626{col 29}{space 2} 72.95855{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 426.4222{col 70}{space 3} 713.1029
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 336.5461{col 29}{space 2} 71.96404{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 195.1596{col 70}{space 3} 477.9325
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 765.2271{col 29}{space 2} 79.92111{col 40}{space 1}    9.57{col 49}{space 3}0.000{col 57}{space 4} 608.2075{col 70}{space 3} 922.2467
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 685.7317{col 29}{space 2} 100.3457{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4} 488.5843{col 70}{space 3} 882.8791
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 469.3708{col 29}{space 2} 80.65145{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 310.9163{col 70}{space 3} 627.8252
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 548.9686{col 29}{space 2} 87.66262{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 376.7394{col 70}{space 3} 721.1978
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 709.8474{col 29}{space 2} 80.89277{col 40}{space 1}    8.78{col 49}{space 3}0.000{col 57}{space 4} 550.9188{col 70}{space 3} 868.7759
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}  510.079{col 29}{space 2} 88.82845{col 40}{space 1}    5.74{col 49}{space 3}0.000{col 57}{space 4} 335.5594{col 70}{space 3} 684.5987
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 666.9221{col 29}{space 2} 85.28783{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 499.3587{col 70}{space 3} 834.4856
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 733.2241{col 29}{space 2} 91.22593{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 553.9941{col 70}{space 3}  912.454
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 765.1749{col 29}{space 2} 89.61881{col 40}{space 1}    8.54{col 49}{space 3}0.000{col 57}{space 4} 589.1024{col 70}{space 3} 941.2474
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 845.4336{col 29}{space 2} 93.56613{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4} 661.6059{col 70}{space 3} 1029.261
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 960.2422{col 29}{space 2}  97.5367{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 768.6136{col 70}{space 3} 1151.871
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 968.6238{col 29}{space 2}  109.242{col 40}{space 1}    8.87{col 49}{space 3}0.000{col 57}{space 4} 753.9979{col 70}{space 3}  1183.25
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 933.1305{col 29}{space 2} 107.5331{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 721.8621{col 70}{space 3} 1144.399
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1025.017{col 29}{space 2} 112.5172{col 40}{space 1}    9.11{col 49}{space 3}0.000{col 57}{space 4}  803.956{col 70}{space 3} 1246.077
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 990.9676{col 29}{space 2} 130.6617{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4}  734.259{col 70}{space 3} 1247.676
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 937.9188{col 29}{space 2}  128.573{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 685.3137{col 70}{space 3} 1190.524
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  1049.74{col 29}{space 2} 130.3938{col 40}{space 1}    8.05{col 49}{space 3}0.000{col 57}{space 4} 793.5571{col 70}{space 3} 1305.922
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1319.797{col 29}{space 2} 144.5812{col 40}{space 1}    9.13{col 49}{space 3}0.000{col 57}{space 4} 1035.741{col 70}{space 3} 1603.854
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1320.805{col 29}{space 2} 169.5361{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 987.7203{col 70}{space 3} 1653.889
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 817.0169{col 29}{space 2} 171.6205{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 479.8373{col 70}{space 3} 1154.197
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 907.4117{col 29}{space 2} 164.2464{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 584.7197{col 70}{space 3} 1230.104
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1438.369{col 29}{space 2} 176.5149{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4} 1091.573{col 70}{space 3} 1785.164
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1258.813{col 29}{space 2} 207.2146{col 40}{space 1}    6.07{col 49}{space 3}0.000{col 57}{space 4} 851.7023{col 70}{space 3} 1665.924
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1351.378{col 29}{space 2} 186.6914{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4}  984.589{col 70}{space 3} 1718.168
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1062.923{col 29}{space 2} 207.7011{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4}  654.856{col 70}{space 3} 1470.989
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 736.2605{col 29}{space 2} 202.3531{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4}  338.701{col 70}{space 3}  1133.82
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1281.958{col 29}{space 2} 205.0672{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 879.0661{col 70}{space 3}  1684.85
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1112.627{col 29}{space 2} 223.7921{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4}  672.947{col 70}{space 3} 1552.308
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1125.809{col 29}{space 2} 209.6927{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 713.8295{col 70}{space 3} 1537.789
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1594.878{col 29}{space 2} 203.5222{col 40}{space 1}    7.84{col 49}{space 3}0.000{col 57}{space 4} 1195.021{col 70}{space 3} 1994.734
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1258.711{col 29}{space 2} 225.3441{col 40}{space 1}    5.59{col 49}{space 3}0.000{col 57}{space 4} 815.9817{col 70}{space 3} 1701.441
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1243.793{col 29}{space 2} 201.3047{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 848.2935{col 70}{space 3} 1639.293
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1258.516{col 29}{space 2} 213.3167{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 839.4164{col 70}{space 3} 1677.615
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1488.628{col 29}{space 2} 214.4249{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1067.351{col 70}{space 3} 1909.905
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1448.969{col 29}{space 2}  237.166{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 983.0127{col 70}{space 3} 1914.924
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1255.256{col 29}{space 2} 234.1503{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4}  795.225{col 70}{space 3} 1715.287
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1224.008{col 29}{space 2} 230.3492{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 771.4454{col 70}{space 3} 1676.571
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1614.106{col 29}{space 2} 230.4545{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 1161.336{col 70}{space 3} 2066.876
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1327.339{col 29}{space 2}  256.811{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4} 822.7874{col 70}{space 3} 1831.891
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1526.484{col 29}{space 2} 242.0981{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 1050.838{col 70}{space 3}  2002.13
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1464.187{col 29}{space 2} 253.2096{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 966.7104{col 70}{space 3} 1961.663
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1493.206{col 29}{space 2} 252.1873{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 997.7387{col 70}{space 3} 1988.674
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1607.166{col 29}{space 2} 258.1137{col 40}{space 1}    6.23{col 49}{space 3}0.000{col 57}{space 4} 1100.055{col 70}{space 3} 2114.278
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1828.868{col 29}{space 2} 252.8841{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1332.031{col 70}{space 3} 2325.704
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1491.999{col 29}{space 2} 281.8671{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 938.2201{col 70}{space 3} 2045.779
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1688.781{col 29}{space 2} 274.0577{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 1150.344{col 70}{space 3} 2227.217
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1720.665{col 29}{space 2} 302.0124{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 1127.306{col 70}{space 3} 2314.023
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1482.591{col 29}{space 2} 286.2432{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4}  920.214{col 70}{space 3} 2044.968
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1585.285{col 29}{space 2} 286.2729{col 40}{space 1}    5.54{col 49}{space 3}0.000{col 57}{space 4}  1022.85{col 70}{space 3}  2147.72
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1837.177{col 29}{space 2} 317.0047{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 1214.364{col 70}{space 3} 2459.991
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1707.833{col 29}{space 2} 323.9272{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 1071.419{col 70}{space 3} 2344.247
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2008.241{col 29}{space 2} 341.4629{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 1337.375{col 70}{space 3} 2679.107
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}  1870.98{col 29}{space 2} 330.4309{col 40}{space 1}    5.66{col 49}{space 3}0.000{col 57}{space 4} 1221.788{col 70}{space 3} 2520.172
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1753.458{col 29}{space 2} 371.9439{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 1022.707{col 70}{space 3}  2484.21
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1098.455{col 29}{space 2} 323.0126{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 463.8381{col 70}{space 3} 1733.072
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  1841.93{col 29}{space 2} 326.6446{col 40}{space 1}    5.64{col 49}{space 3}0.000{col 57}{space 4} 1200.177{col 70}{space 3} 2483.683
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 84.96499{col 29}{space 2} 129.6789{col 40}{space 1}    0.66{col 49}{space 3}0.513{col 57}{space 4}-169.8128{col 70}{space 3} 339.7428
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       504){col 67}= {res}      3.68
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0790253{col 29}{space 2} .0211491{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4}-.1205765{col 70}{space 3}-.0374741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0013386{col 29}{space 2} .0008836{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}-.0003973{col 70}{space 3} .0030745
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0069942{col 29}{space 2} .0383697{col 40}{space 1}    0.18{col 49}{space 3}0.855{col 57}{space 4}-.0683901{col 70}{space 3} .0823785
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0001537{col 29}{space 2} .0017543{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-.0032929{col 70}{space 3} .0036002
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0846045{col 29}{space 2} .0690018{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-.2201712{col 70}{space 3} .0509621
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}   .00288{col 29}{space 2} .0022458{col 40}{space 1}    1.28{col 49}{space 3}0.200{col 57}{space 4}-.0015323{col 70}{space 3} .0072923
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0381325{col 29}{space 2} .0216368{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-.0043768{col 70}{space 3} .0806419
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003464{col 29}{space 2} .0021827{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-.0039419{col 70}{space 3} .0046347
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .1494518{col 29}{space 2} .8712921{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4} -1.56236{col 70}{space 3} 1.861264
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.032762{col 29}{space 2} .9993582{col 40}{space 1}    2.03{col 49}{space 3}0.042{col 57}{space 4} .0693405{col 70}{space 3} 3.996183
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.3366166{col 29}{space 2} .7467611{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-1.803765{col 70}{space 3} 1.130531
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.812354{col 29}{space 2} 1.217028{col 40}{space 1}    1.49{col 49}{space 3}0.137{col 57}{space 4}-.5787184{col 70}{space 3} 4.203427
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1710898{col 29}{space 2} 1.052427{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-1.896595{col 70}{space 3} 2.238775
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.06504{col 29}{space 2} .7943965{col 40}{space 1}    1.34{col 49}{space 3}0.181{col 57}{space 4}-.4956966{col 70}{space 3} 2.625777
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.829593{col 29}{space 2} 1.304166{col 40}{space 1}    1.40{col 49}{space 3}0.161{col 57}{space 4}-.7326786{col 70}{space 3} 4.391864
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .9514248{col 29}{space 2}  1.04208{col 40}{space 1}    0.91{col 49}{space 3}0.362{col 57}{space 4} -1.09593{col 70}{space 3}  2.99878
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}  3.18548{col 29}{space 2} 2.090529{col 40}{space 1}    1.52{col 49}{space 3}0.128{col 57}{space 4}-.9217458{col 70}{space 3} 7.292705
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.419377{col 29}{space 2} 2.210097{col 40}{space 1}    1.09{col 49}{space 3}0.274{col 57}{space 4}-1.922761{col 70}{space 3} 6.761516
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.708209{col 29}{space 2} 3.376882{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4}-9.342708{col 70}{space 3} 3.926289
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} -.709657{col 29}{space 2}  2.49056{col 40}{space 1}   -0.28{col 49}{space 3}0.776{col 57}{space 4}-5.602815{col 70}{space 3} 4.183501
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  .866359{col 29}{space 2} 2.225302{col 40}{space 1}    0.39{col 49}{space 3}0.697{col 57}{space 4}-3.505652{col 70}{space 3}  5.23837
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8769155{col 29}{space 2}  1.81551{col 40}{space 1}    0.48{col 49}{space 3}0.629{col 57}{space 4}-2.689984{col 70}{space 3} 4.443815
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.338117{col 29}{space 2} 1.965345{col 40}{space 1}    1.19{col 49}{space 3}0.235{col 57}{space 4}-1.523161{col 70}{space 3} 6.199395
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.7791901{col 29}{space 2} 1.497006{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-3.720331{col 70}{space 3} 2.161951
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.4084906{col 29}{space 2} 2.011975{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-4.361381{col 70}{space 3}   3.5444
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.9500717{col 29}{space 2} 2.412618{col 40}{space 1}   -0.39{col 49}{space 3}0.694{col 57}{space 4}-5.690099{col 70}{space 3} 3.789956
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 2.098297{col 29}{space 2} 2.702356{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-3.210972{col 70}{space 3} 7.407567
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .4348551{col 29}{space 2} 1.670005{col 40}{space 1}    0.26{col 49}{space 3}0.795{col 57}{space 4}-2.846174{col 70}{space 3} 3.715884
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.170535{col 29}{space 2} 3.960311{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-13.95129{col 70}{space 3} 1.610218
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.206287{col 29}{space 2} 1.947857{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-6.033207{col 70}{space 3} 1.620632
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -.259645{col 29}{space 2} 2.465558{col 40}{space 1}   -0.11{col 49}{space 3}0.916{col 57}{space 4}-5.103683{col 70}{space 3} 4.584393
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.2333916{col 29}{space 2} 2.588863{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4}-5.319684{col 70}{space 3} 4.852901
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.850349{col 29}{space 2} 2.807724{col 40}{space 1}    0.66{col 49}{space 3}0.510{col 57}{space 4}-3.665936{col 70}{space 3} 7.366633
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .9318026{col 29}{space 2}  3.69264{col 40}{space 1}    0.25{col 49}{space 3}0.801{col 57}{space 4}-6.323062{col 70}{space 3} 8.186667
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.110268{col 29}{space 2} 3.972854{col 40}{space 1}   -0.78{col 49}{space 3}0.434{col 57}{space 4}-10.91566{col 70}{space 3} 4.695127
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.131404{col 29}{space 2}    2.947{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-7.921323{col 70}{space 3} 3.658514
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 5.888328{col 29}{space 2}  4.84521{col 40}{space 1}    1.22{col 49}{space 3}0.225{col 57}{space 4}-3.630968{col 70}{space 3} 15.40762
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-2.729998{col 29}{space 2}  3.73483{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-10.06775{col 70}{space 3} 4.607756
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .0456814{col 29}{space 2} 5.411228{col 40}{space 1}    0.01{col 49}{space 3}0.993{col 57}{space 4}-10.58566{col 70}{space 3} 10.67702
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-4.204957{col 29}{space 2} 3.623195{col 40}{space 1}   -1.16{col 49}{space 3}0.246{col 57}{space 4}-11.32338{col 70}{space 3} 2.913469
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.526068{col 29}{space 2}  3.84805{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-12.08626{col 70}{space 3} 3.034127
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-5.630853{col 29}{space 2} 4.595149{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-14.65886{col 70}{space 3} 3.397153
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-2.421661{col 29}{space 2} 5.045486{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-12.33444{col 70}{space 3} 7.491115
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -7.06626{col 29}{space 2} 4.522493{col 40}{space 1}   -1.56{col 49}{space 3}0.119{col 57}{space 4}-15.95152{col 70}{space 3}    1.819
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -10.3027{col 29}{space 2} 5.217586{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4} -20.5536{col 70}{space 3}-.0518062
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-5.222046{col 29}{space 2} 5.241776{col 40}{space 1}   -1.00{col 49}{space 3}0.320{col 57}{space 4}-15.52047{col 70}{space 3} 5.076376
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.783609{col 29}{space 2} 5.602923{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-19.79157{col 70}{space 3} 2.224353
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-6.649345{col 29}{space 2} 5.207274{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-16.87998{col 70}{space 3} 3.581294
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-2.917379{col 29}{space 2} 6.232849{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-15.16295{col 70}{space 3} 9.328186
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-5.267633{col 29}{space 2} 5.162324{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-15.40996{col 70}{space 3} 4.874692
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-2.933278{col 29}{space 2} 5.675852{col 40}{space 1}   -0.52{col 49}{space 3}0.606{col 57}{space 4}-14.08452{col 70}{space 3} 8.217966
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-6.051145{col 29}{space 2} 5.927766{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-17.69732{col 70}{space 3} 5.595031
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -5.86081{col 29}{space 2} 6.226733{col 40}{space 1}   -0.94{col 49}{space 3}0.347{col 57}{space 4}-18.09436{col 70}{space 3} 6.372741
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-6.003069{col 29}{space 2} 6.002828{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-17.79672{col 70}{space 3} 5.790579
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-.0518714{col 29}{space 2} 6.692026{col 40}{space 1}   -0.01{col 49}{space 3}0.994{col 57}{space 4}-13.19957{col 70}{space 3} 13.09583
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-7.132529{col 29}{space 2} 5.695741{col 40}{space 1}   -1.25{col 49}{space 3}0.211{col 57}{space 4}-18.32285{col 70}{space 3} 4.057792
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.457696{col 29}{space 2} 6.502939{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4} -15.2339{col 70}{space 3} 10.31851
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-6.581793{col 29}{space 2} 6.333077{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-19.02428{col 70}{space 3} 5.860689
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.751432{col 29}{space 2} 6.816705{col 40}{space 1}   -0.99{col 49}{space 3}0.322{col 57}{space 4}-20.14409{col 70}{space 3} 6.641227
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  -6.9606{col 29}{space 2} 6.457307{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-19.64716{col 70}{space 3} 5.725954
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-4.937714{col 29}{space 2} 7.062731{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-18.81373{col 70}{space 3} 8.938306
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-6.117177{col 29}{space 2} 6.968167{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-19.80741{col 70}{space 3} 7.573055
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-5.778025{col 29}{space 2} 7.091401{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-19.71037{col 70}{space 3} 8.154323
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-6.268756{col 29}{space 2} 6.932295{col 40}{space 1}   -0.90{col 49}{space 3}0.366{col 57}{space 4}-19.88851{col 70}{space 3} 7.350999
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 5.219602{col 29}{space 2}   7.1033{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-8.736123{col 70}{space 3} 19.17533
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-2.822833{col 29}{space 2} 7.946008{col 40}{space 1}   -0.36{col 49}{space 3}0.723{col 57}{space 4}-18.43421{col 70}{space 3} 12.78855
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-5.510303{col 29}{space 2} 6.947063{col 40}{space 1}   -0.79{col 49}{space 3}0.428{col 57}{space 4}-19.15907{col 70}{space 3} 8.138467
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-7.950331{col 29}{space 2} 7.739987{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.15694{col 70}{space 3} 7.256282
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-9.116915{col 29}{space 2} 8.236439{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4} -25.2989{col 70}{space 3} 7.065069
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-7.727406{col 29}{space 2} 7.682693{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4}-22.82146{col 70}{space 3} 7.366644
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-5.599801{col 29}{space 2} 8.868881{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-23.02433{col 70}{space 3} 11.82473
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-9.323976{col 29}{space 2} 8.372378{col 40}{space 1}   -1.11{col 49}{space 3}0.266{col 57}{space 4}-25.77304{col 70}{space 3} 7.125085
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-3.293279{col 29}{space 2} 8.581092{col 40}{space 1}   -0.38{col 49}{space 3}0.701{col 57}{space 4} -20.1524{col 70}{space 3} 13.56584
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-7.557999{col 29}{space 2} 8.884311{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-25.01285{col 70}{space 3} 9.896848
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.305715{col 29}{space 2} 9.296311{col 40}{space 1}   -0.57{col 49}{space 3}0.568{col 57}{space 4}-23.57001{col 70}{space 3} 12.95858
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-9.074895{col 29}{space 2} 9.181696{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-27.11401{col 70}{space 3} 8.964218
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-9.817948{col 29}{space 2} 9.748777{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-28.97119{col 70}{space 3} 9.335298
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-10.23733{col 29}{space 2} 9.386716{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-28.67925{col 70}{space 3} 8.204576
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-11.63223{col 29}{space 2} 9.498852{col 40}{space 1}   -1.22{col 49}{space 3}0.221{col 57}{space 4}-30.29445{col 70}{space 3} 7.029992
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-6.927431{col 29}{space 2} 10.07977{col 40}{space 1}   -0.69{col 49}{space 3}0.492{col 57}{space 4}-26.73098{col 70}{space 3} 12.87612
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-6.041696{col 29}{space 2} 3.674974{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-13.26185{col 70}{space 3} 1.178459
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.C: OLD SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (1,1)
. 
. //qui sureg (d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if oldsouth==1) (d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if oldsouth==1), corr
. 
. //estat ic
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       612
{txt}maximum lag: {res}8{col 49}{txt}F( 78,       533){col 67}= {res}     38.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0986639{col 29}{space 2} .0274871{col 40}{space 1}   -3.59{col 49}{space 3}0.000{col 57}{space 4}-.1526602{col 70}{space 3}-.0446676
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  1.40408{col 29}{space 2} .5247322{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} .3732828{col 70}{space 3} 2.434877
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .1416196{col 29}{space 2} 1.142966{col 40}{space 1}    0.12{col 49}{space 3}0.901{col 57}{space 4}-2.103652{col 70}{space 3} 2.386891
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-34.77878{col 29}{space 2} 17.89701{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-69.93611{col 70}{space 3}  .378549
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-50.02742{col 29}{space 2} 28.24194{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-105.5066{col 70}{space 3} 5.451742
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 61.28677{col 29}{space 2} 34.49445{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-6.474974{col 70}{space 3} 129.0485
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-119.9966{col 29}{space 2} 34.68872{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-188.1399{col 70}{space 3}-51.85319
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 59.07737{col 29}{space 2} 37.03607{col 40}{space 1}    1.60{col 49}{space 3}0.111{col 57}{space 4}-13.67721{col 70}{space 3} 131.8319
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-26.83029{col 29}{space 2} 24.58187{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-75.11954{col 70}{space 3} 21.45895
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 13.02576{col 29}{space 2} 31.39478{col 40}{space 1}    0.41{col 49}{space 3}0.678{col 57}{space 4}-48.64693{col 70}{space 3} 74.69845
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-70.29794{col 29}{space 2} 25.77442{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-120.9298{col 70}{space 3}-19.66604
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2} -34.4883{col 29}{space 2} 90.60745{col 40}{space 1}   -0.38{col 49}{space 3}0.704{col 57}{space 4}-212.4798{col 70}{space 3} 143.5032
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-411.3949{col 29}{space 2} 85.92955{col 40}{space 1}   -4.79{col 49}{space 3}0.000{col 57}{space 4}-580.1971{col 70}{space 3}-242.5928
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-894.4323{col 29}{space 2} 113.5655{col 40}{space 1}   -7.88{col 49}{space 3}0.000{col 57}{space 4}-1117.523{col 70}{space 3}-671.3415
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-863.5149{col 29}{space 2} 84.98748{col 40}{space 1}  -10.16{col 49}{space 3}0.000{col 57}{space 4}-1030.466{col 70}{space 3}-696.5633
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-380.8146{col 29}{space 2} 87.15792{col 40}{space 1}   -4.37{col 49}{space 3}0.000{col 57}{space 4}-552.0298{col 70}{space 3}-209.5994
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -651.476{col 29}{space 2} 85.06864{col 40}{space 1}   -7.66{col 49}{space 3}0.000{col 57}{space 4}-818.5869{col 70}{space 3}-484.3651
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-400.0283{col 29}{space 2} 78.74183{col 40}{space 1}   -5.08{col 49}{space 3}0.000{col 57}{space 4}-554.7107{col 70}{space 3}-245.3459
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-336.0121{col 29}{space 2} 82.96953{col 40}{space 1}   -4.05{col 49}{space 3}0.000{col 57}{space 4}-498.9995{col 70}{space 3}-173.0247
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-335.7999{col 29}{space 2} 71.85093{col 40}{space 1}   -4.67{col 49}{space 3}0.000{col 57}{space 4}-476.9457{col 70}{space 3}-194.6542
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-327.5113{col 29}{space 2} 72.66859{col 40}{space 1}   -4.51{col 49}{space 3}0.000{col 57}{space 4}-470.2633{col 70}{space 3}-184.7594
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-573.7847{col 29}{space 2} 77.18986{col 40}{space 1}   -7.43{col 49}{space 3}0.000{col 57}{space 4}-725.4184{col 70}{space 3} -422.151
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-170.0116{col 29}{space 2} 82.91951{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-332.9007{col 70}{space 3}-7.122421
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} -239.646{col 29}{space 2} 92.51069{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-421.3762{col 70}{space 3}-57.91566
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} -397.381{col 29}{space 2} 89.89272{col 40}{space 1}   -4.42{col 49}{space 3}0.000{col 57}{space 4}-573.9685{col 70}{space 3}-220.7935
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-389.6679{col 29}{space 2}  93.0705{col 40}{space 1}   -4.19{col 49}{space 3}0.000{col 57}{space 4}-572.4979{col 70}{space 3}-206.8379
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-249.4601{col 29}{space 2} 86.25807{col 40}{space 1}   -2.89{col 49}{space 3}0.004{col 57}{space 4}-418.9076{col 70}{space 3}-80.01266
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-407.1456{col 29}{space 2} 89.01761{col 40}{space 1}   -4.57{col 49}{space 3}0.000{col 57}{space 4}-582.0139{col 70}{space 3}-232.2772
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-249.1816{col 29}{space 2} 89.75844{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-425.5053{col 70}{space 3} -72.8579
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-219.7441{col 29}{space 2} 90.09594{col 40}{space 1}   -2.44{col 49}{space 3}0.015{col 57}{space 4}-396.7308{col 70}{space 3}-42.75742
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-158.4318{col 29}{space 2} 93.42312{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-341.9545{col 70}{space 3} 25.09085
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-88.88536{col 29}{space 2}  96.5722{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-278.5942{col 70}{space 3} 100.8235
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  29.1507{col 29}{space 2} 101.1496{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-169.5501{col 70}{space 3} 227.8515
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  54.5822{col 29}{space 2} 110.4368{col 40}{space 1}    0.49{col 49}{space 3}0.621{col 57}{space 4}-162.3627{col 70}{space 3} 271.5271
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 25.37587{col 29}{space 2} 114.6564{col 40}{space 1}    0.22{col 49}{space 3}0.825{col 57}{space 4} -199.858{col 70}{space 3} 250.6097
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}  76.7396{col 29}{space 2} 120.1285{col 40}{space 1}    0.64{col 49}{space 3}0.523{col 57}{space 4}-159.2438{col 70}{space 3}  312.723
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  32.8593{col 29}{space 2} 133.7844{col 40}{space 1}    0.25{col 49}{space 3}0.806{col 57}{space 4}-229.9501{col 70}{space 3} 295.6687
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-8.777823{col 29}{space 2} 137.7119{col 40}{space 1}   -0.06{col 49}{space 3}0.949{col 57}{space 4}-279.3024{col 70}{space 3} 261.7468
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 79.57107{col 29}{space 2} 138.0439{col 40}{space 1}    0.58{col 49}{space 3}0.565{col 57}{space 4}-191.6057{col 70}{space 3} 350.7479
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 355.9377{col 29}{space 2} 145.1102{col 40}{space 1}    2.45{col 49}{space 3}0.014{col 57}{space 4} 70.87964{col 70}{space 3} 640.9957
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  390.162{col 29}{space 2} 162.4099{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 71.11999{col 70}{space 3}  709.204
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -103.074{col 29}{space 2} 173.7759{col 40}{space 1}   -0.59{col 49}{space 3}0.553{col 57}{space 4}-444.4437{col 70}{space 3} 238.2958
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-93.69947{col 29}{space 2} 179.0782{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-445.4851{col 70}{space 3} 258.0861
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 380.2976{col 29}{space 2} 171.8262{col 40}{space 1}    2.21{col 49}{space 3}0.027{col 57}{space 4} 42.75799{col 70}{space 3} 717.8371
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 280.5702{col 29}{space 2} 184.0475{col 40}{space 1}    1.52{col 49}{space 3}0.128{col 57}{space 4}-80.97732{col 70}{space 3} 642.1178
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 407.0845{col 29}{space 2} 188.9361{col 40}{space 1}    2.15{col 49}{space 3}0.032{col 57}{space 4} 35.93375{col 70}{space 3} 778.2352
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 68.88059{col 29}{space 2} 198.5911{col 40}{space 1}    0.35{col 49}{space 3}0.729{col 57}{space 4}-321.2367{col 70}{space 3} 458.9979
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-289.5767{col 29}{space 2} 200.2517{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4} -682.956{col 70}{space 3} 103.8027
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 160.7738{col 29}{space 2} 193.7961{col 40}{space 1}    0.83{col 49}{space 3}0.407{col 57}{space 4}-219.9241{col 70}{space 3} 541.4717
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 25.81445{col 29}{space 2} 191.0596{col 40}{space 1}    0.14{col 49}{space 3}0.893{col 57}{space 4}-349.5078{col 70}{space 3} 401.1367
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 118.0616{col 29}{space 2} 203.1595{col 40}{space 1}    0.58{col 49}{space 3}0.561{col 57}{space 4}  -281.03{col 70}{space 3} 517.1533
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 545.6246{col 29}{space 2} 197.6685{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 157.3197{col 70}{space 3} 933.9295
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 269.6578{col 29}{space 2} 204.5268{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-132.1198{col 70}{space 3} 671.4354
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 254.1348{col 29}{space 2} 216.4302{col 40}{space 1}    1.17{col 49}{space 3}0.241{col 57}{space 4}-171.0261{col 70}{space 3} 679.2957
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 188.7851{col 29}{space 2}  218.791{col 40}{space 1}    0.86{col 49}{space 3}0.389{col 57}{space 4}-241.0134{col 70}{space 3} 618.5836
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 436.9836{col 29}{space 2}  214.107{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 16.38642{col 70}{space 3} 857.5807
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 407.1043{col 29}{space 2} 222.2925{col 40}{space 1}    1.83{col 49}{space 3}0.068{col 57}{space 4}-29.57264{col 70}{space 3} 843.7813
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 249.1499{col 29}{space 2} 230.4927{col 40}{space 1}    1.08{col 49}{space 3}0.280{col 57}{space 4}-203.6357{col 70}{space 3} 701.9354
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 169.1481{col 29}{space 2} 234.7739{col 40}{space 1}    0.72{col 49}{space 3}0.472{col 57}{space 4}-292.0476{col 70}{space 3} 630.3438
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 524.0412{col 29}{space 2} 227.3987{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} 77.33357{col 70}{space 3} 970.7488
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 271.2093{col 29}{space 2} 235.9358{col 40}{space 1}    1.15{col 49}{space 3}0.251{col 57}{space 4}-192.2688{col 70}{space 3} 734.6873
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 495.1688{col 29}{space 2} 242.6354{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 18.52977{col 70}{space 3} 971.8079
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  386.353{col 29}{space 2} 239.1234{col 40}{space 1}    1.62{col 49}{space 3}0.107{col 57}{space 4} -83.3868{col 70}{space 3} 856.0928
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 429.7367{col 29}{space 2}  246.365{col 40}{space 1}    1.74{col 49}{space 3}0.082{col 57}{space 4}-54.22894{col 70}{space 3} 913.7022
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 505.6183{col 29}{space 2} 247.5899{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 19.24662{col 70}{space 3} 991.9901
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 772.5519{col 29}{space 2} 248.5914{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 284.2128{col 70}{space 3} 1260.891
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 468.3894{col 29}{space 2} 269.0376{col 40}{space 1}    1.74{col 49}{space 3}0.082{col 57}{space 4}-60.11473{col 70}{space 3} 996.8935
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 653.8135{col 29}{space 2} 281.4064{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} 101.0119{col 70}{space 3} 1206.615
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 629.6427{col 29}{space 2} 288.3579{col 40}{space 1}    2.18{col 49}{space 3}0.029{col 57}{space 4}  63.1852{col 70}{space 3}   1196.1
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  421.804{col 29}{space 2} 280.2687{col 40}{space 1}    1.50{col 49}{space 3}0.133{col 57}{space 4}-128.7627{col 70}{space 3} 972.3707
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 480.3106{col 29}{space 2} 288.5232{col 40}{space 1}    1.66{col 49}{space 3}0.097{col 57}{space 4}-86.47155{col 70}{space 3} 1047.093
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 705.9485{col 29}{space 2}  305.749{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 105.3276{col 70}{space 3} 1306.569
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 616.2262{col 29}{space 2} 304.2159{col 40}{space 1}    2.03{col 49}{space 3}0.043{col 57}{space 4} 18.61689{col 70}{space 3} 1213.836
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 932.1487{col 29}{space 2} 321.0161{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} 301.5368{col 70}{space 3} 1562.761
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 788.4618{col 29}{space 2} 303.5581{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} 192.1448{col 70}{space 3} 1384.779
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 701.1347{col 29}{space 2} 377.2536{col 40}{space 1}    1.86{col 49}{space 3}0.064{col 57}{space 4}-39.95167{col 70}{space 3} 1442.221
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-19.49047{col 29}{space 2} 296.7193{col 40}{space 1}   -0.07{col 49}{space 3}0.948{col 57}{space 4}-602.3732{col 70}{space 3} 563.3923
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 650.5557{col 29}{space 2} 330.3585{col 40}{space 1}    1.97{col 49}{space 3}0.049{col 57}{space 4}  1.59139{col 70}{space 3}  1299.52
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 924.7612{col 29}{space 2} 110.7341{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 707.2324{col 70}{space 3}  1142.29
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       612
{txt}maximum lag: {res}8{col 49}{txt}F( 78,       533){col 67}= {res}      3.75
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0858167{col 29}{space 2} .0207079{col 40}{space 1}   -4.14{col 49}{space 3}0.000{col 57}{space 4}-.1264957{col 70}{space 3}-.0451376
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018836{col 29}{space 2} .0008885{col 40}{space 1}    2.12{col 49}{space 3}0.034{col 57}{space 4} .0001381{col 70}{space 3} .0036291
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002184{col 29}{space 2} .0017486{col 40}{space 1}    0.12{col 49}{space 3}0.901{col 57}{space 4}-.0032167{col 70}{space 3} .0036535
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .4257774{col 29}{space 2} .8560059{col 40}{space 1}    0.50{col 49}{space 3}0.619{col 57}{space 4}-1.255782{col 70}{space 3} 2.107337
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.805624{col 29}{space 2} 1.051223{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} .7405764{col 70}{space 3} 4.870672
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5723897{col 29}{space 2} .7785189{col 40}{space 1}   -0.74{col 49}{space 3}0.463{col 57}{space 4}-2.101732{col 70}{space 3} .9569522
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.350524{col 29}{space 2} 1.258153{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.1210221{col 70}{space 3}  4.82207
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1764742{col 29}{space 2} 1.064352{col 40}{space 1}    0.17{col 49}{space 3}0.868{col 57}{space 4}-1.914365{col 70}{space 3} 2.267313
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.079079{col 29}{space 2} .8176864{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.5272043{col 70}{space 3} 2.685362
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.916453{col 29}{space 2} 1.288233{col 40}{space 1}    1.49{col 49}{space 3}0.137{col 57}{space 4}-.6141845{col 70}{space 3} 4.447091
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.763024{col 29}{space 2} 1.216555{col 40}{space 1}    1.45{col 49}{space 3}0.148{col 57}{space 4}-.6268065{col 70}{space 3} 4.152854
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-4.179488{col 29}{space 2} 6.386477{col 40}{space 1}   -0.65{col 49}{space 3}0.513{col 57}{space 4}-16.72524{col 70}{space 3} 8.366266
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-9.163876{col 29}{space 2} 6.220127{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4}-21.38285{col 70}{space 3} 3.055095
{txt}{space 10}1946  {c |}{col 17}{res}{space 2} -9.36413{col 29}{space 2} 5.192265{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-19.56394{col 70}{space 3} .8356841
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-7.304228{col 29}{space 2} 4.723325{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-16.58284{col 70}{space 3} 1.974388
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-8.042293{col 29}{space 2} 4.816247{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-17.50345{col 70}{space 3} 1.418862
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-11.87537{col 29}{space 2} 6.276401{col 40}{space 1}   -1.89{col 49}{space 3}0.059{col 57}{space 4}-24.20489{col 70}{space 3} .4541468
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-10.38314{col 29}{space 2} 5.410409{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-21.01148{col 70}{space 3} .2452014
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -8.01416{col 29}{space 2} 5.047145{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4} -17.9289{col 70}{space 3} 1.900577
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-8.142897{col 29}{space 2} 5.182555{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-18.32364{col 70}{space 3} 2.037843
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-6.988497{col 29}{space 2} 5.391132{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-17.57897{col 70}{space 3} 3.601976
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-10.09541{col 29}{space 2} 5.425967{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-20.75431{col 70}{space 3} .5634952
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.59686{col 29}{space 2} 5.362351{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4} -21.1308{col 70}{space 3} -.062926
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.915664{col 29}{space 2} 5.380901{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-20.48604{col 70}{space 3} .6547114
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-7.192686{col 29}{space 2} 6.232714{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-19.43638{col 70}{space 3} 5.051011
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-9.523001{col 29}{space 2} 5.521423{col 40}{space 1}   -1.72{col 49}{space 3}0.085{col 57}{space 4}-20.36942{col 70}{space 3}  1.32342
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-16.42562{col 29}{space 2} 6.435192{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-29.06707{col 70}{space 3}-3.784168
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.91578{col 29}{space 2} 5.705795{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4}-23.12439{col 70}{space 3}-.7071795
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.947897{col 29}{space 2}  5.72367{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-21.19162{col 70}{space 3} 1.295822
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-10.30985{col 29}{space 2} 5.757765{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-21.62055{col 70}{space 3} 1.000844
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.189322{col 29}{space 2} 6.064059{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-20.10171{col 70}{space 3} 3.723065
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-8.959098{col 29}{space 2} 6.292185{col 40}{space 1}   -1.42{col 49}{space 3}0.155{col 57}{space 4}-21.31962{col 70}{space 3} 3.401426
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-13.17946{col 29}{space 2} 6.739702{col 40}{space 1}   -1.96{col 49}{space 3}0.051{col 57}{space 4} -26.4191{col 70}{space 3} .0601723
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-11.99932{col 29}{space 2} 6.319122{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-24.41276{col 70}{space 3} .4141228
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-3.842952{col 29}{space 2} 7.474283{col 40}{space 1}   -0.51{col 49}{space 3}0.607{col 57}{space 4}-18.52562{col 70}{space 3} 10.83972
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.99452{col 29}{space 2} 6.760322{col 40}{space 1}   -1.92{col 49}{space 3}0.055{col 57}{space 4}-26.27467{col 70}{space 3} .2856194
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-11.04283{col 29}{space 2} 7.998643{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-26.75556{col 70}{space 3} 4.669898
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-14.46603{col 29}{space 2} 7.058879{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-28.33267{col 70}{space 3}-.5993932
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-15.70137{col 29}{space 2} 7.158639{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-29.76398{col 70}{space 3}-1.638766
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -16.4332{col 29}{space 2} 7.508261{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-31.18262{col 70}{space 3}-1.683787
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-12.81955{col 29}{space 2} 7.837948{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-28.21661{col 70}{space 3} 2.577503
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.62815{col 29}{space 2} 7.980645{col 40}{space 1}   -2.21{col 49}{space 3}0.028{col 57}{space 4}-33.30553{col 70}{space 3}-1.950777
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-22.82889{col 29}{space 2} 8.757602{col 40}{space 1}   -2.61{col 49}{space 3}0.009{col 57}{space 4}-40.03254{col 70}{space 3}-5.625239
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-17.44762{col 29}{space 2} 7.992073{col 40}{space 1}   -2.18{col 49}{space 3}0.029{col 57}{space 4}-33.14744{col 70}{space 3}-1.747791
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -19.5624{col 29}{space 2} 8.404463{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-36.07233{col 70}{space 3}-3.052464
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-18.56303{col 29}{space 2} 8.511427{col 40}{space 1}   -2.18{col 49}{space 3}0.030{col 57}{space 4}-35.28309{col 70}{space 3}-1.842971
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-14.44013{col 29}{space 2} 9.132428{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-32.38009{col 70}{space 3} 3.499839
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-17.94859{col 29}{space 2} 8.616876{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4} -34.8758{col 70}{space 3}-1.021388
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-16.96543{col 29}{space 2} 8.549331{col 40}{space 1}   -1.98{col 49}{space 3}0.048{col 57}{space 4}-33.75995{col 70}{space 3}-.1709144
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-18.34595{col 29}{space 2} 8.514337{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-35.07172{col 70}{space 3}-1.620175
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-18.60708{col 29}{space 2} 9.133186{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-36.54853{col 70}{space 3}-.6656203
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-18.49185{col 29}{space 2}  8.69673{col 40}{space 1}   -2.13{col 49}{space 3}0.034{col 57}{space 4}-35.57592{col 70}{space 3} -1.40778
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-11.58068{col 29}{space 2} 9.347888{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4} -29.9439{col 70}{space 3} 6.782542
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -19.4833{col 29}{space 2} 9.030208{col 40}{space 1}   -2.16{col 49}{space 3}0.031{col 57}{space 4}-37.22246{col 70}{space 3}-1.744132
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-15.77275{col 29}{space 2}   9.4698{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-34.37546{col 70}{space 3}  2.82996
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-19.14824{col 29}{space 2} 9.218416{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-37.25713{col 70}{space 3}-1.039358
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-19.48879{col 29}{space 2}  9.70033{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-38.54436{col 70}{space 3}-.4332227
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-19.46684{col 29}{space 2} 9.653158{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-38.42975{col 70}{space 3}-.5039399
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-18.17358{col 29}{space 2} 10.00063{col 40}{space 1}   -1.82{col 49}{space 3}0.070{col 57}{space 4}-37.81907{col 70}{space 3} 1.471897
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-19.68711{col 29}{space 2} 9.738167{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-38.81701{col 70}{space 3}-.5572179
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-18.62236{col 29}{space 2} 9.996359{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-38.25945{col 70}{space 3} 1.014733
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} -19.6464{col 29}{space 2} 10.01926{col 40}{space 1}   -1.96{col 49}{space 3}0.050{col 57}{space 4}-39.32848{col 70}{space 3} .0356859
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-7.966934{col 29}{space 2} 10.07539{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-27.75929{col 70}{space 3} 11.82542
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} -16.0787{col 29}{space 2}  10.5972{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4} -36.8961{col 70}{space 3} 4.738688
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -19.8878{col 29}{space 2} 10.03307{col 40}{space 1}   -1.98{col 49}{space 3}0.048{col 57}{space 4}-39.59701{col 70}{space 3}-.1785967
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-21.09502{col 29}{space 2} 10.49088{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-41.70357{col 70}{space 3}-.4864682
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-21.82019{col 29}{space 2} 11.23733{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-43.89509{col 70}{space 3} .2547069
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-21.54097{col 29}{space 2} 10.88334{col 40}{space 1}   -1.98{col 49}{space 3}0.048{col 57}{space 4}-42.92047{col 70}{space 3}-.1614628
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-19.24601{col 29}{space 2} 11.48168{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-41.80091{col 70}{space 3} 3.308888
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-23.19805{col 29}{space 2}  11.3929{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-45.57855{col 70}{space 3}-.8175436
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  -18.116{col 29}{space 2} 11.32237{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-40.35795{col 70}{space 3} 4.125949
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-21.86597{col 29}{space 2} 11.44575{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-44.35028{col 70}{space 3} .6183531
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} -19.7208{col 29}{space 2} 11.97301{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-43.24087{col 70}{space 3}  3.79927
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-23.30651{col 29}{space 2} 11.94749{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-46.77646{col 70}{space 3}  .163436
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-23.87759{col 29}{space 2} 12.42872{col 40}{space 1}   -1.92{col 49}{space 3}0.055{col 57}{space 4}-48.29288{col 70}{space 3} .5376997
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} -24.5066{col 29}{space 2} 12.43872{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4}-48.94153{col 70}{space 3}-.0716725
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-26.51517{col 29}{space 2}  12.5147{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-51.09937{col 70}{space 3}-1.930978
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-23.72597{col 29}{space 2}  12.4165{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-48.11726{col 70}{space 3} .6653176
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1.204587{col 29}{space 2} 4.972527{col 40}{space 1}    0.24{col 49}{space 3}0.809{col 57}{space 4}-8.563569{col 70}{space 3} 10.97274
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1), corr
. 
. //estat ic
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 81,       494){col 67}= {res}     37.15
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1325401{col 29}{space 2} .0331299{col 40}{space 1}   -4.00{col 49}{space 3}0.000{col 57}{space 4} -.197633{col 70}{space 3}-.0674471
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.784976{col 29}{space 2} .6754453{col 40}{space 1}    2.64{col 49}{space 3}0.008{col 57}{space 4} .4578766{col 70}{space 3} 3.112076
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1280258{col 29}{space 2} .1129164{col 40}{space 1}    1.13{col 49}{space 3}0.257{col 57}{space 4}-.0938299{col 70}{space 3} .3498814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1446249{col 29}{space 2} 1.279782{col 40}{space 1}    0.11{col 49}{space 3}0.910{col 57}{space 4}-2.369862{col 70}{space 3} 2.659112
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607562{col 29}{space 2} .0825023{col 40}{space 1}    1.95{col 49}{space 3}0.052{col 57}{space 4}-.0013424{col 70}{space 3} .3228549
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.800817{col 29}{space 2} 1.251511{col 40}{space 1}   -1.44{col 49}{space 3}0.151{col 57}{space 4}-4.259758{col 70}{space 3} .6581252
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0590269{col 29}{space 2} .0583744{col 40}{space 1}   -1.01{col 49}{space 3}0.312{col 57}{space 4}-.1737196{col 70}{space 3} .0556658
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.70119{col 29}{space 2} 1.200491{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-5.059888{col 70}{space 3}-.3424917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1087663{col 29}{space 2} .0473006{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} .0158312{col 70}{space 3} .2017014
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .627979{col 29}{space 2}  1.09437{col 40}{space 1}    0.57{col 49}{space 3}0.566{col 57}{space 4}-1.522215{col 70}{space 3} 2.778173
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-50.85169{col 29}{space 2} 18.05539{col 40}{space 1}   -2.82{col 49}{space 3}0.005{col 57}{space 4}-86.32652{col 70}{space 3}-15.37686
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-62.36974{col 29}{space 2} 29.66029{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-120.6456{col 70}{space 3}-4.093861
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 72.01283{col 29}{space 2}  32.2207{col 40}{space 1}    2.23{col 49}{space 3}0.026{col 57}{space 4} 8.706305{col 70}{space 3} 135.3193
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-154.4289{col 29}{space 2} 41.28085{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4}-235.5366{col 70}{space 3}-73.32121
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 73.72825{col 29}{space 2} 31.79679{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} 11.25463{col 70}{space 3} 136.2019
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.67503{col 29}{space 2} 21.71507{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4}-73.34031{col 70}{space 3} 11.99025
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 14.03205{col 29}{space 2} 31.14334{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4} -47.1577{col 70}{space 3}  75.2218
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-89.58502{col 29}{space 2} 28.52912{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-145.6384{col 70}{space 3}-33.53164
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 530.8165{col 29}{space 2} 79.20252{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 375.2012{col 70}{space 3} 686.4319
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 207.7998{col 29}{space 2} 117.1869{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4}-22.44646{col 70}{space 3}  438.046
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 458.5458{col 29}{space 2}  91.5133{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 278.7425{col 70}{space 3} 638.3491
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 559.8353{col 29}{space 2} 111.8427{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 340.0893{col 70}{space 3} 779.5813
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  458.183{col 29}{space 2} 84.11141{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4} 292.9228{col 70}{space 3} 623.4433
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 521.0134{col 29}{space 2} 86.66889{col 40}{space 1}    6.01{col 49}{space 3}0.000{col 57}{space 4} 350.7283{col 70}{space 3} 691.2985
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 259.9567{col 29}{space 2} 87.67806{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 87.68884{col 70}{space 3} 432.2247
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 687.9269{col 29}{space 2} 78.57756{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 533.5394{col 70}{space 3} 842.3143
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 610.5372{col 29}{space 2} 118.5912{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 377.5318{col 70}{space 3} 843.5426
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 395.8505{col 29}{space 2} 93.47217{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 212.1985{col 70}{space 3} 579.5026
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 505.4865{col 29}{space 2} 101.4415{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 306.1766{col 70}{space 3} 704.7964
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 627.0131{col 29}{space 2} 91.44888{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 447.3364{col 70}{space 3} 806.6898
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 438.9255{col 29}{space 2} 102.6873{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 237.1678{col 70}{space 3} 640.6832
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 611.6463{col 29}{space 2} 97.77359{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 419.5429{col 70}{space 3} 803.7497
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 684.9941{col 29}{space 2} 109.5179{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 469.8158{col 70}{space 3} 900.1725
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 700.8699{col 29}{space 2} 104.8759{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4}  494.812{col 70}{space 3} 906.9278
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 799.8659{col 29}{space 2} 112.1733{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 579.4703{col 70}{space 3} 1020.261
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 901.0674{col 29}{space 2}  117.689{col 40}{space 1}    7.66{col 49}{space 3}0.000{col 57}{space 4} 669.8346{col 70}{space 3}   1132.3
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 909.4703{col 29}{space 2} 131.2306{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 651.6314{col 70}{space 3} 1167.309
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 869.6609{col 29}{space 2} 128.6146{col 40}{space 1}    6.76{col 49}{space 3}0.000{col 57}{space 4} 616.9617{col 70}{space 3}  1122.36
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 960.4987{col 29}{space 2} 132.5453{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 700.0767{col 70}{space 3} 1220.921
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 927.5247{col 29}{space 2} 149.7952{col 40}{space 1}    6.19{col 49}{space 3}0.000{col 57}{space 4} 633.2105{col 70}{space 3} 1221.839
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  868.794{col 29}{space 2} 147.8203{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 578.3599{col 70}{space 3} 1159.228
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 999.6978{col 29}{space 2} 149.4711{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 706.0204{col 70}{space 3} 1293.375
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1266.652{col 29}{space 2} 165.6996{col 40}{space 1}    7.64{col 49}{space 3}0.000{col 57}{space 4} 941.0895{col 70}{space 3} 1592.215
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1279.687{col 29}{space 2} 192.7579{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 900.9609{col 70}{space 3} 1658.414
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 783.5763{col 29}{space 2} 197.2177{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 396.0874{col 70}{space 3} 1171.065
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 875.4389{col 29}{space 2} 181.8509{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 518.1422{col 70}{space 3} 1232.736
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1383.419{col 29}{space 2} 193.1879{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 1003.847{col 70}{space 3}  1762.99
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1205.872{col 29}{space 2} 228.7372{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 756.4542{col 70}{space 3}  1655.29
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1361.752{col 29}{space 2} 212.8255{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 943.5971{col 70}{space 3} 1779.907
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1069.484{col 29}{space 2} 235.4835{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 606.8112{col 70}{space 3} 1532.157
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 696.6261{col 29}{space 2} 217.4071{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} 269.4696{col 70}{space 3} 1123.783
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1266.413{col 29}{space 2} 218.1953{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 837.7077{col 70}{space 3} 1695.118
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1084.746{col 29}{space 2} 243.3551{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 606.6074{col 70}{space 3} 1562.885
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1138.881{col 29}{space 2} 234.1386{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 678.8502{col 70}{space 3} 1598.911
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1644.351{col 29}{space 2} 237.0651{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1178.571{col 70}{space 3} 2110.131
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1256.273{col 29}{space 2} 252.3406{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 760.4794{col 70}{space 3} 1752.066
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1254.916{col 29}{space 2} 229.4802{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 804.0381{col 70}{space 3} 1705.793
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1270.776{col 29}{space 2} 241.0408{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 797.1847{col 70}{space 3} 1744.368
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1449.706{col 29}{space 2} 235.7591{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 986.4914{col 70}{space 3}  1912.92
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1455.932{col 29}{space 2} 265.8211{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4}  933.653{col 70}{space 3} 1978.212
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1261.336{col 29}{space 2} 261.7635{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4}  747.029{col 70}{space 3} 1775.643
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1243.833{col 29}{space 2} 256.9136{col 40}{space 1}    4.84{col 49}{space 3}0.000{col 57}{space 4} 739.0545{col 70}{space 3} 1748.611
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1611.234{col 29}{space 2} 254.1246{col 40}{space 1}    6.34{col 49}{space 3}0.000{col 57}{space 4} 1111.936{col 70}{space 3} 2110.533
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1334.289{col 29}{space 2} 282.6052{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 779.0327{col 70}{space 3} 1889.546
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1551.042{col 29}{space 2} 268.4296{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 1023.638{col 70}{space 3} 2078.447
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1503.247{col 29}{space 2} 283.8437{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 945.5572{col 70}{space 3} 2060.937
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1490.405{col 29}{space 2} 277.1229{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 945.9199{col 70}{space 3}  2034.89
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1648.291{col 29}{space 2} 290.3745{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4}  1077.77{col 70}{space 3} 2218.812
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1838.032{col 29}{space 2} 280.7909{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4}  1286.34{col 70}{space 3} 2389.724
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1521.309{col 29}{space 2} 312.7443{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 906.8357{col 70}{space 3} 2135.782
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1717.557{col 29}{space 2} 301.2967{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 1125.576{col 70}{space 3} 2309.538
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1748.438{col 29}{space 2} 334.8052{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4}  1090.62{col 70}{space 3} 2406.255
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1487.145{col 29}{space 2} 311.2545{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 875.5992{col 70}{space 3} 2098.691
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1634.104{col 29}{space 2} 316.4403{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4}  1012.37{col 70}{space 3} 2255.839
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1866.306{col 29}{space 2}  344.942{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 1188.572{col 70}{space 3}  2544.04
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1751.063{col 29}{space 2} 355.1362{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 1053.299{col 70}{space 3} 2448.827
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2070.678{col 29}{space 2} 380.3763{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 1323.323{col 70}{space 3} 2818.033
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1934.814{col 29}{space 2} 368.6832{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 1210.433{col 70}{space 3} 2659.194
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1792.106{col 29}{space 2} 405.2841{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 995.8131{col 70}{space 3} 2588.399
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}  1157.09{col 29}{space 2} 348.9232{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 471.5334{col 70}{space 3} 1842.646
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1874.403{col 29}{space 2} 351.0295{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 1184.708{col 70}{space 3} 2564.098
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 194.6243{col 29}{space 2} 128.7073{col 40}{space 1}    1.51{col 49}{space 3}0.131{col 57}{space 4}-58.25689{col 70}{space 3} 447.5054
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullinc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(81, 494)      = {res}    12.62
{txt}       Model {c |} {res} 23488426.1        81   289980.57   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 11352679.7       494   22981.133   {txt}R-squared       ={res}    0.6742
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6207
{txt}       Total {c |} {res} 34841105.9       575  60593.2276   {txt}Root MSE        =   {res}  151.6

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1325401{col 29}{space 2} .0226159{col 40}{space 1}   -5.86{col 49}{space 3}0.000{col 57}{space 4}-.1769752{col 70}{space 3}-.0881049
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.784976{col 29}{space 2} .5668438{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} .6712543{col 70}{space 3} 2.898699
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1280258{col 29}{space 2} .0447939{col 40}{space 1}    2.86{col 49}{space 3}0.004{col 57}{space 4} .0400158{col 70}{space 3} .2160357
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1446249{col 29}{space 2} 1.173673{col 40}{space 1}    0.12{col 49}{space 3}0.902{col 57}{space 4}-2.161382{col 70}{space 3} 2.450632
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607562{col 29}{space 2} .0481669{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} .0661191{col 70}{space 3} .2553934
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.800817{col 29}{space 2} 1.287419{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-4.330309{col 70}{space 3} .7286755
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0590269{col 29}{space 2} .0504733{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-.1581957{col 70}{space 3} .0401418
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.70119{col 29}{space 2} 1.266857{col 40}{space 1}   -2.13{col 49}{space 3}0.033{col 57}{space 4}-5.190283{col 70}{space 3}-.2120966
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1087663{col 29}{space 2} .0500042{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} .0105191{col 70}{space 3} .2070135
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .627979{col 29}{space 2} 1.233701{col 40}{space 1}    0.51{col 49}{space 3}0.611{col 57}{space 4} -1.79597{col 70}{space 3} 3.051928
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-50.85169{col 29}{space 2} 28.20723{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-106.2726{col 70}{space 3} 4.569247
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-62.36974{col 29}{space 2} 34.23601{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-129.6359{col 70}{space 3}  4.89641
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 72.01283{col 29}{space 2} 28.35967{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 16.29238{col 70}{space 3} 127.7333
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-154.4289{col 29}{space 2} 36.96797{col 40}{space 1}   -4.18{col 49}{space 3}0.000{col 57}{space 4}-227.0627{col 70}{space 3}-81.79506
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 73.72825{col 29}{space 2} 32.89212{col 40}{space 1}    2.24{col 49}{space 3}0.025{col 57}{space 4} 9.102542{col 70}{space 3}  138.354
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.67503{col 29}{space 2} 27.65887{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-85.01856{col 70}{space 3}  23.6685
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 14.03205{col 29}{space 2} 34.32431{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-53.40759{col 70}{space 3} 81.47169
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-89.58502{col 29}{space 2} 32.22635{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-152.9026{col 70}{space 3} -26.2674
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 530.8165{col 29}{space 2}  77.2477{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4}  379.042{col 70}{space 3} 682.5911
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 207.7998{col 29}{space 2} 91.16948{col 40}{space 1}    2.28{col 49}{space 3}0.023{col 57}{space 4} 28.67198{col 70}{space 3} 386.9275
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 458.5458{col 29}{space 2} 93.65661{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 274.5314{col 70}{space 3} 642.5602
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 559.8353{col 29}{space 2} 87.31095{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 388.2887{col 70}{space 3} 731.3819
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  458.183{col 29}{space 2} 83.46465{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 294.1936{col 70}{space 3} 622.1725
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 521.0134{col 29}{space 2} 83.94291{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 356.0842{col 70}{space 3} 685.9425
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 259.9567{col 29}{space 2} 80.33014{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 102.1259{col 70}{space 3} 417.7876
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 687.9269{col 29}{space 2} 77.74021{col 40}{space 1}    8.85{col 49}{space 3}0.000{col 57}{space 4} 535.1846{col 70}{space 3} 840.6691
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 610.5372{col 29}{space 2} 83.83836{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4} 445.8135{col 70}{space 3}  775.261
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 395.8505{col 29}{space 2} 87.30789{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4} 224.3099{col 70}{space 3} 567.3911
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 505.4865{col 29}{space 2} 84.76279{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 338.9465{col 70}{space 3} 672.0266
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 627.0131{col 29}{space 2} 81.22378{col 40}{space 1}    7.72{col 49}{space 3}0.000{col 57}{space 4} 467.4264{col 70}{space 3} 786.5998
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 438.9255{col 29}{space 2} 86.84345{col 40}{space 1}    5.05{col 49}{space 3}0.000{col 57}{space 4} 268.2974{col 70}{space 3} 609.5536
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 611.6463{col 29}{space 2} 87.36548{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 439.9925{col 70}{space 3}    783.3
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 684.9941{col 29}{space 2} 88.51261{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 511.0865{col 70}{space 3} 858.9017
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 700.8699{col 29}{space 2} 90.46716{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 523.1221{col 70}{space 3} 878.6178
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 799.8659{col 29}{space 2} 93.16536{col 40}{space 1}    8.59{col 49}{space 3}0.000{col 57}{space 4} 616.8166{col 70}{space 3} 982.9151
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 901.0674{col 29}{space 2} 93.76557{col 40}{space 1}    9.61{col 49}{space 3}0.000{col 57}{space 4} 716.8389{col 70}{space 3} 1085.296
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 909.4703{col 29}{space 2} 97.40687{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 718.0875{col 70}{space 3} 1100.853
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 869.6609{col 29}{space 2} 99.54479{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 674.0775{col 70}{space 3} 1065.244
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 960.4987{col 29}{space 2} 101.3978{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4} 761.2745{col 70}{space 3} 1159.723
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 927.5247{col 29}{space 2} 105.5545{col 40}{space 1}    8.79{col 49}{space 3}0.000{col 57}{space 4} 720.1335{col 70}{space 3} 1134.916
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  868.794{col 29}{space 2} 109.4955{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 653.6597{col 70}{space 3} 1083.928
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 999.6978{col 29}{space 2} 111.5595{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4} 780.5082{col 70}{space 3} 1218.887
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1266.652{col 29}{space 2} 116.8724{col 40}{space 1}   10.84{col 49}{space 3}0.000{col 57}{space 4} 1037.024{col 70}{space 3} 1496.281
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1279.687{col 29}{space 2} 126.9957{col 40}{space 1}   10.08{col 49}{space 3}0.000{col 57}{space 4} 1030.169{col 70}{space 3} 1529.206
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 783.5763{col 29}{space 2} 134.2261{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 519.8518{col 70}{space 3} 1047.301
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 875.4389{col 29}{space 2} 130.6631{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 618.7149{col 70}{space 3} 1132.163
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1383.419{col 29}{space 2} 131.1645{col 40}{space 1}   10.55{col 49}{space 3}0.000{col 57}{space 4}  1125.71{col 70}{space 3} 1641.128
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1205.872{col 29}{space 2}  146.789{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4} 917.4643{col 70}{space 3}  1494.28
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1361.752{col 29}{space 2} 155.6477{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 1055.939{col 70}{space 3} 1667.565
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1069.484{col 29}{space 2} 156.6721{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4}  761.658{col 70}{space 3}  1377.31
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 696.6261{col 29}{space 2} 152.2711{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 397.4473{col 70}{space 3} 995.8049
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1266.413{col 29}{space 2} 152.2002{col 40}{space 1}    8.32{col 49}{space 3}0.000{col 57}{space 4} 967.3734{col 70}{space 3} 1565.452
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1084.746{col 29}{space 2} 161.0478{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4}  768.323{col 70}{space 3} 1401.169
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1138.881{col 29}{space 2} 167.4025{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 809.9718{col 70}{space 3} 1467.789
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1644.351{col 29}{space 2} 167.7067{col 40}{space 1}    9.80{col 49}{space 3}0.000{col 57}{space 4} 1314.844{col 70}{space 3} 1973.857
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1256.273{col 29}{space 2}  168.333{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 925.5357{col 70}{space 3}  1587.01
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1254.916{col 29}{space 2} 170.4206{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 920.0772{col 70}{space 3} 1589.754
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1270.776{col 29}{space 2} 168.3872{col 40}{space 1}    7.55{col 49}{space 3}0.000{col 57}{space 4} 939.9327{col 70}{space 3}  1601.62
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1449.706{col 29}{space 2} 168.9235{col 40}{space 1}    8.58{col 49}{space 3}0.000{col 57}{space 4} 1117.809{col 70}{space 3} 1781.603
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1455.932{col 29}{space 2} 178.5127{col 40}{space 1}    8.16{col 49}{space 3}0.000{col 57}{space 4} 1105.195{col 70}{space 3}  1806.67
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1261.336{col 29}{space 2} 183.2864{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 901.2191{col 70}{space 3} 1621.453
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1243.833{col 29}{space 2} 183.0556{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 884.1691{col 70}{space 3} 1603.496
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1611.234{col 29}{space 2} 182.3337{col 40}{space 1}    8.84{col 49}{space 3}0.000{col 57}{space 4} 1252.989{col 70}{space 3} 1969.479
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1334.289{col 29}{space 2} 192.3335{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 956.3967{col 70}{space 3} 1712.182
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1551.042{col 29}{space 2}  195.532{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 1166.865{col 70}{space 3} 1935.219
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1503.247{col 29}{space 2} 198.0643{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4} 1114.095{col 70}{space 3} 1892.399
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1490.405{col 29}{space 2} 198.5563{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4} 1100.286{col 70}{space 3} 1880.524
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1648.291{col 29}{space 2} 204.0924{col 40}{space 1}    8.08{col 49}{space 3}0.000{col 57}{space 4} 1247.295{col 70}{space 3} 2049.287
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1838.032{col 29}{space 2} 206.9132{col 40}{space 1}    8.88{col 49}{space 3}0.000{col 57}{space 4} 1431.494{col 70}{space 3}  2244.57
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1521.309{col 29}{space 2} 214.3308{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1100.196{col 70}{space 3} 1942.421
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1717.557{col 29}{space 2} 214.6864{col 40}{space 1}    8.00{col 49}{space 3}0.000{col 57}{space 4} 1295.746{col 70}{space 3} 2139.368
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1748.438{col 29}{space 2} 219.1179{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4}  1317.92{col 70}{space 3} 2178.956
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1487.145{col 29}{space 2} 225.3209{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4}  1044.44{col 70}{space 3} 1929.851
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1634.104{col 29}{space 2} 230.0055{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1182.195{col 70}{space 3} 2086.014
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1866.306{col 29}{space 2} 232.1185{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1410.245{col 70}{space 3} 2322.367
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1751.063{col 29}{space 2} 240.4682{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4} 1278.597{col 70}{space 3}  2223.53
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2070.678{col 29}{space 2} 245.4772{col 40}{space 1}    8.44{col 49}{space 3}0.000{col 57}{space 4}  1588.37{col 70}{space 3} 2552.986
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1934.814{col 29}{space 2} 250.3993{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 1442.835{col 70}{space 3} 2426.793
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1792.106{col 29}{space 2} 253.3404{col 40}{space 1}    7.07{col 49}{space 3}0.000{col 57}{space 4} 1294.349{col 70}{space 3} 2289.864
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}  1157.09{col 29}{space 2} 256.7936{col 40}{space 1}    4.51{col 49}{space 3}0.000{col 57}{space 4} 652.5476{col 70}{space 3} 1661.632
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1874.403{col 29}{space 2} 251.6169{col 40}{space 1}    7.45{col 49}{space 3}0.000{col 57}{space 4} 1380.032{col 70}{space 3} 2368.774
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 194.6243{col 29}{space 2} 102.9999{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-7.747565{col 70}{space 3} 396.9961
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullincols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 81,       494){col 67}= {res}      3.31
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0717066{col 29}{space 2} .0208659{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-.1127034{col 70}{space 3}-.0307098
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .001078{col 29}{space 2} .0009079{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0007059{col 70}{space 3} .0028619
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0012766{col 29}{space 2} .0372566{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-.0719244{col 70}{space 3} .0744775
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0002596{col 29}{space 2} .0017975{col 40}{space 1}    0.14{col 49}{space 3}0.885{col 57}{space 4}-.0032721{col 70}{space 3} .0037913
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1029632{col 29}{space 2} .0772814{col 40}{space 1}   -1.33{col 49}{space 3}0.183{col 57}{space 4}-.2548041{col 70}{space 3} .0488776
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0031147{col 29}{space 2} .0022165{col 40}{space 1}    1.41{col 49}{space 3}0.161{col 57}{space 4}-.0012402{col 70}{space 3} .0074697
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0256547{col 29}{space 2} .0244445{col 40}{space 1}    1.05{col 49}{space 3}0.294{col 57}{space 4}-.0223733{col 70}{space 3} .0736826
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .000241{col 29}{space 2} .0022038{col 40}{space 1}    0.11{col 49}{space 3}0.913{col 57}{space 4} -.004089{col 70}{space 3}  .004571
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0688651{col 29}{space 2} .0724423{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-.2111981{col 70}{space 3}  .073468
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009007{col 29}{space 2} .0017893{col 40}{space 1}    0.50{col 49}{space 3}0.615{col 57}{space 4}-.0026148{col 70}{space 3} .0044162
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .0494213{col 29}{space 2} .8796619{col 40}{space 1}    0.06{col 49}{space 3}0.955{col 57}{space 4}-1.678919{col 70}{space 3} 1.777761
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 1.745023{col 29}{space 2} 1.001122{col 40}{space 1}    1.74{col 49}{space 3}0.082{col 57}{space 4}  -.22196{col 70}{space 3} 3.712006
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2232122{col 29}{space 2} .7679377{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-1.732039{col 70}{space 3} 1.285615
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.550093{col 29}{space 2}  1.27565{col 40}{space 1}    1.22{col 49}{space 3}0.225{col 57}{space 4}-.9562755{col 70}{space 3} 4.056462
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2300048{col 29}{space 2} 1.102511{col 40}{space 1}    0.21{col 49}{space 3}0.835{col 57}{space 4}-1.936184{col 70}{space 3} 2.396194
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.00657{col 29}{space 2} .8318193{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-.6277703{col 70}{space 3}  2.64091
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.685638{col 29}{space 2} 1.375841{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-1.017584{col 70}{space 3}  4.38886
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .6313662{col 29}{space 2} 1.130922{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-1.590644{col 70}{space 3} 2.853377
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.9029426{col 29}{space 2}  2.70666{col 40}{space 1}   -0.33{col 49}{space 3}0.739{col 57}{space 4}-6.220928{col 70}{space 3} 4.415043
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.904125{col 29}{space 2} 5.023619{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-15.77442{col 70}{space 3}  3.96617
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.901609{col 29}{space 2} 3.543623{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-10.86404{col 70}{space 3} 3.060822
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.803918{col 29}{space 2} 3.055644{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-8.807579{col 70}{space 3} 3.199743
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.550929{col 29}{space 2} 3.052509{col 40}{space 1}   -0.84{col 49}{space 3}0.404{col 57}{space 4}-8.548431{col 70}{space 3} 3.446573
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.433622{col 29}{space 2}  2.70558{col 40}{space 1}   -0.53{col 49}{space 3}0.596{col 57}{space 4}-6.749484{col 70}{space 3} 3.882241
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.370251{col 29}{space 2} 2.675319{col 40}{space 1}   -1.63{col 49}{space 3}0.103{col 57}{space 4}-9.626658{col 70}{space 3} .8861564
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.773049{col 29}{space 2} 3.149381{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-9.960882{col 70}{space 3} 2.414784
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.352436{col 29}{space 2} 3.405117{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-11.04273{col 70}{space 3} 2.337862
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  -.86565{col 29}{space 2} 3.491731{col 40}{space 1}   -0.25{col 49}{space 3}0.804{col 57}{space 4}-7.726126{col 70}{space 3} 5.994826
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-3.052248{col 29}{space 2} 2.775859{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-8.506193{col 70}{space 3} 2.401698
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.565887{col 29}{space 2} 4.733868{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-18.86689{col 70}{space 3}-.2648884
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.309295{col 29}{space 2} 3.177281{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-11.55195{col 70}{space 3} .9333566
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.234967{col 29}{space 2} 3.666078{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4}  -10.438{col 70}{space 3} 3.968061
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.504474{col 29}{space 2} 3.601004{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-10.57965{col 70}{space 3} 3.570699
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.575885{col 29}{space 2}  3.81498{col 40}{space 1}   -0.41{col 49}{space 3}0.680{col 57}{space 4}-9.071472{col 70}{space 3} 5.919702
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.213158{col 29}{space 2} 4.530638{col 40}{space 1}   -0.49{col 49}{space 3}0.625{col 57}{space 4}-11.11485{col 70}{space 3} 6.688539
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.055062{col 29}{space 2} 4.764296{col 40}{space 1}   -1.27{col 49}{space 3}0.204{col 57}{space 4}-15.41584{col 70}{space 3} 3.305721
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -5.04482{col 29}{space 2} 4.044661{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-12.99168{col 70}{space 3}  2.90204
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.127767{col 29}{space 2} 5.748408{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-8.166577{col 70}{space 3} 14.42211
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.566401{col 29}{space 2} 4.675545{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-14.75281{col 70}{space 3} 3.620005
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -2.84115{col 29}{space 2} 6.048152{col 40}{space 1}   -0.47{col 49}{space 3}0.639{col 57}{space 4}-14.72443{col 70}{space 3} 9.042125
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-6.875663{col 29}{space 2} 4.636334{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-15.98503{col 70}{space 3} 2.233703
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.662441{col 29}{space 2} 4.842464{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-16.17681{col 70}{space 3} 2.851924
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.351127{col 29}{space 2} 5.488521{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-19.13485{col 70}{space 3} 2.432596
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-4.872407{col 29}{space 2} 6.079972{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4} -16.8182{col 70}{space 3} 7.073386
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-9.592889{col 29}{space 2} 5.521514{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-20.44144{col 70}{space 3} 1.255658
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.93154{col 29}{space 2} 5.867427{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-24.45973{col 70}{space 3}-1.403348
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-7.963796{col 29}{space 2} 5.857559{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4} -19.4726{col 70}{space 3} 3.545006
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.81224{col 29}{space 2} 6.759427{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-24.09302{col 70}{space 3} 2.468527
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-8.786687{col 29}{space 2} 6.355675{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-21.27418{col 70}{space 3} 3.700802
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.673919{col 29}{space 2} 6.712182{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-18.86186{col 70}{space 3} 7.514025
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-7.340613{col 29}{space 2} 5.896242{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-18.92542{col 70}{space 3} 4.244192
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-5.200542{col 29}{space 2} 6.150885{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-17.28566{col 70}{space 3} 6.884579
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-7.982085{col 29}{space 2} 6.806633{col 40}{space 1}   -1.17{col 49}{space 3}0.241{col 57}{space 4}-21.35561{col 70}{space 3} 5.391437
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.121258{col 29}{space 2} 7.258427{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-21.38245{col 70}{space 3} 7.139938
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.051737{col 29}{space 2} 6.872519{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-21.55471{col 70}{space 3} 5.451236
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-1.883451{col 29}{space 2} 7.703425{col 40}{space 1}   -0.24{col 49}{space 3}0.807{col 57}{space 4}-17.01897{col 70}{space 3} 13.25207
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.972896{col 29}{space 2} 6.684621{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-22.10669{col 70}{space 3} 4.160899
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-4.568124{col 29}{space 2} 6.990396{col 40}{space 1}   -0.65{col 49}{space 3}0.514{col 57}{space 4} -18.3027{col 70}{space 3}  9.16645
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-8.420294{col 29}{space 2}  7.19405{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}  -22.555{col 70}{space 3} 5.714415
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-8.058851{col 29}{space 2} 7.743496{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4} -23.2731{col 70}{space 3} 7.155398
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.651066{col 29}{space 2} 7.421553{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4}-23.23277{col 70}{space 3} 5.930637
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-6.549417{col 29}{space 2} 7.811326{col 40}{space 1}   -0.84{col 49}{space 3}0.402{col 57}{space 4}-21.89694{col 70}{space 3} 8.798102
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.950811{col 29}{space 2} 7.742991{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.16407{col 70}{space 3} 7.262446
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.385513{col 29}{space 2} 8.020324{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-23.14367{col 70}{space 3} 8.372641
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-7.690205{col 29}{space 2} 7.954287{col 40}{space 1}   -0.97{col 49}{space 3}0.334{col 57}{space 4}-23.31861{col 70}{space 3} 7.938201
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 3.569098{col 29}{space 2} 7.899442{col 40}{space 1}    0.45{col 49}{space 3}0.652{col 57}{space 4}-11.95155{col 70}{space 3} 19.08975
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.266049{col 29}{space 2} 8.883874{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-21.72089{col 70}{space 3} 13.18879
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-6.894808{col 29}{space 2} 7.590216{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-21.80789{col 70}{space 3} 8.018279
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.293034{col 29}{space 2} 8.672922{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4} -26.3334{col 70}{space 3} 7.747331
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -9.73448{col 29}{space 2} 9.150855{col 40}{space 1}   -1.06{col 49}{space 3}0.288{col 57}{space 4}-27.71388{col 70}{space 3} 8.244915
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.947519{col 29}{space 2} 8.640293{col 40}{space 1}   -1.04{col 49}{space 3}0.301{col 57}{space 4}-25.92377{col 70}{space 3} 8.028736
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-7.294264{col 29}{space 2}  9.53226{col 40}{space 1}   -0.77{col 49}{space 3}0.445{col 57}{space 4}-26.02304{col 70}{space 3} 11.43451
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-10.62027{col 29}{space 2} 9.292293{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-28.87757{col 70}{space 3} 7.637016
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-4.640486{col 29}{space 2} 9.297527{col 40}{space 1}   -0.50{col 49}{space 3}0.618{col 57}{space 4}-22.90806{col 70}{space 3} 13.62709
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-8.892103{col 29}{space 2} 9.718117{col 40}{space 1}   -0.92{col 49}{space 3}0.361{col 57}{space 4}-27.98604{col 70}{space 3} 10.20184
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.170887{col 29}{space 2}  10.1939{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-26.19964{col 70}{space 3} 13.85787
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-10.19924{col 29}{space 2} 10.17968{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-30.20006{col 70}{space 3} 9.801568
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -10.7401{col 29}{space 2} 10.55135{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-31.47115{col 70}{space 3}  9.99095
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.18697{col 29}{space 2} 10.35704{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-31.53625{col 70}{space 3} 9.162303
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-12.57751{col 29}{space 2} 10.22731{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-32.67191{col 70}{space 3} 7.516884
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.99366{col 29}{space 2}  11.1314{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-29.86439{col 70}{space 3} 13.87707
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.627522{col 29}{space 2} 4.065067{col 40}{space 1}   -0.40{col 49}{space 3}0.689{col 57}{space 4}-9.614475{col 70}{space 3} 6.359432
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullpc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(81, 494)      = {res}     2.30
{txt}       Model {c |} {res}  6266.8833        81  77.3689296   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 16607.4414       494  33.6183025   {txt}R-squared       ={res}    0.2740
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1549
{txt}       Total {c |} {res} 22874.3247       575  39.7814343   {txt}Root MSE        =   {res} 5.7981

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0717066{col 29}{space 2} .0220072{col 40}{space 1}   -3.26{col 49}{space 3}0.001{col 57}{space 4}-.1149458{col 70}{space 3}-.0284674
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .001078{col 29}{space 2} .0008663{col 40}{space 1}    1.24{col 49}{space 3}0.214{col 57}{space 4}-.0006241{col 70}{space 3} .0027801
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0012766{col 29}{space 2} .0494406{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-.0958632{col 70}{space 3} .0984163
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0002596{col 29}{space 2} .0017136{col 40}{space 1}    0.15{col 49}{space 3}0.880{col 57}{space 4}-.0031073{col 70}{space 3} .0036265
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1029632{col 29}{space 2} .0495299{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-.2002784{col 70}{space 3}-.0056481
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0031147{col 29}{space 2} .0016972{col 40}{space 1}    1.84{col 49}{space 3}0.067{col 57}{space 4}-.0002199{col 70}{space 3} .0064493
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0256547{col 29}{space 2} .0473524{col 40}{space 1}    0.54{col 49}{space 3}0.588{col 57}{space 4}-.0673823{col 70}{space 3} .1186917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .000241{col 29}{space 2} .0018601{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-.0034137{col 70}{space 3} .0038957
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0688651{col 29}{space 2} .0454373{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-.1581393{col 70}{space 3} .0204092
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009007{col 29}{space 2} .0019224{col 40}{space 1}    0.47{col 49}{space 3}0.640{col 57}{space 4}-.0028763{col 70}{space 3} .0046777
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .0494213{col 29}{space 2} 1.080264{col 40}{space 1}    0.05{col 49}{space 3}0.964{col 57}{space 4}-2.073058{col 70}{space 3} 2.171901
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 1.745023{col 29}{space 2}  1.32453{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.8573848{col 70}{space 3}  4.34743
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2232122{col 29}{space 2} 1.089596{col 40}{space 1}   -0.20{col 49}{space 3}0.838{col 57}{space 4}-2.364027{col 70}{space 3} 1.917603
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.550093{col 29}{space 2}  1.41987{col 40}{space 1}    1.09{col 49}{space 3}0.275{col 57}{space 4}-1.239635{col 70}{space 3} 4.339822
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2300048{col 29}{space 2} 1.253901{col 40}{space 1}    0.18{col 49}{space 3}0.855{col 57}{space 4}-2.233632{col 70}{space 3} 2.693642
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.00657{col 29}{space 2} 1.058853{col 40}{space 1}    0.95{col 49}{space 3}0.342{col 57}{space 4}-1.073841{col 70}{space 3}  3.08698
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.685638{col 29}{space 2} 1.315555{col 40}{space 1}    1.28{col 49}{space 3}0.201{col 57}{space 4}-.8991347{col 70}{space 3} 4.270411
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .6313662{col 29}{space 2} 1.254792{col 40}{space 1}    0.50{col 49}{space 3}0.615{col 57}{space 4}-1.834021{col 70}{space 3} 3.096754
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.9029426{col 29}{space 2} 3.102156{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4} -6.99799{col 70}{space 3} 5.192104
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.904125{col 29}{space 2} 3.473126{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-12.72805{col 70}{space 3} .9197962
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.901609{col 29}{space 2} 3.299497{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-10.38439{col 70}{space 3}  2.58117
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.803918{col 29}{space 2}  3.11608{col 40}{space 1}   -0.90{col 49}{space 3}0.369{col 57}{space 4}-8.926322{col 70}{space 3} 3.318486
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.550929{col 29}{space 2} 3.277065{col 40}{space 1}   -0.78{col 49}{space 3}0.437{col 57}{space 4}-8.989635{col 70}{space 3} 3.887776
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.433622{col 29}{space 2} 3.159788{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-7.641903{col 70}{space 3} 4.774659
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.370251{col 29}{space 2}  3.04646{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4}-10.35587{col 70}{space 3} 1.615366
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.773049{col 29}{space 2} 3.113784{col 40}{space 1}   -1.21{col 49}{space 3}0.226{col 57}{space 4}-9.890943{col 70}{space 3} 2.344845
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.352436{col 29}{space 2} 3.300454{col 40}{space 1}   -1.32{col 49}{space 3}0.188{col 57}{space 4}-10.83709{col 70}{space 3} 2.132222
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  -.86565{col 29}{space 2} 3.336736{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-7.421595{col 70}{space 3} 5.690295
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-3.052248{col 29}{space 2} 3.069099{col 40}{space 1}   -0.99{col 49}{space 3}0.320{col 57}{space 4}-9.082346{col 70}{space 3} 2.977851
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.565887{col 29}{space 2} 3.217534{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-15.88763{col 70}{space 3}-3.244148
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.309295{col 29}{space 2}   3.3183{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-11.82902{col 70}{space 3} 1.210426
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.234967{col 29}{space 2} 3.299752{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-9.718246{col 70}{space 3} 3.248312
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.504474{col 29}{space 2} 3.390391{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-10.16584{col 70}{space 3}  3.15689
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.575885{col 29}{space 2} 3.580859{col 40}{space 1}   -0.44{col 49}{space 3}0.660{col 57}{space 4}-8.611476{col 70}{space 3} 5.459707
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.213158{col 29}{space 2} 3.573096{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4}-9.233498{col 70}{space 3} 4.807182
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.055062{col 29}{space 2} 3.731576{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-13.38678{col 70}{space 3} 1.276656
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -5.04482{col 29}{space 2} 3.864165{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-12.63705{col 70}{space 3} 2.547405
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.127767{col 29}{space 2} 3.925458{col 40}{space 1}    0.80{col 49}{space 3}0.426{col 57}{space 4}-4.584886{col 70}{space 3} 10.84042
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.566401{col 29}{space 2} 4.050607{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-13.52494{col 70}{space 3} 2.392141
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -2.84115{col 29}{space 2}  4.21429{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-11.12129{col 70}{space 3} 5.438993
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-6.875663{col 29}{space 2} 4.291336{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-15.30718{col 70}{space 3} 1.555859
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.662441{col 29}{space 2} 4.410225{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-15.32755{col 70}{space 3} 2.002672
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.351127{col 29}{space 2} 4.783906{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-17.75044{col 70}{space 3} 1.048185
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-4.872407{col 29}{space 2} 5.124973{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-14.94184{col 70}{space 3} 5.197026
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-9.592889{col 29}{space 2} 5.044703{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-19.50461{col 70}{space 3} .3188301
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.93154{col 29}{space 2} 4.899982{col 40}{space 1}   -2.64{col 49}{space 3}0.009{col 57}{space 4}-22.55891{col 70}{space 3}-3.304162
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-7.963796{col 29}{space 2} 5.374868{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-18.52422{col 70}{space 3} 2.596625
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.81224{col 29}{space 2} 5.850599{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-22.30737{col 70}{space 3} .6828819
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-8.786687{col 29}{space 2} 5.961801{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4} -20.5003{col 70}{space 3} 2.926927
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.673919{col 29}{space 2} 5.793631{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-17.05712{col 70}{space 3} 5.709277
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-7.340613{col 29}{space 2} 5.742643{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-18.62363{col 70}{space 3} 3.942404
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-5.200542{col 29}{space 2} 5.888036{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4}-16.76922{col 70}{space 3}  6.36814
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-7.982085{col 29}{space 2} 6.222983{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-20.20886{col 70}{space 3} 4.244693
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.121258{col 29}{space 2} 6.306957{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-19.51303{col 70}{space 3} 5.270511
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.051737{col 29}{space 2} 6.276032{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-20.38274{col 70}{space 3} 4.279271
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-1.883451{col 29}{space 2} 6.476098{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-14.60754{col 70}{space 3} 10.84064
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.972896{col 29}{space 2} 6.403076{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}-21.55352{col 70}{space 3} 3.607725
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-4.568124{col 29}{space 2} 6.347455{col 40}{space 1}   -0.72{col 49}{space 3}0.472{col 57}{space 4}-17.03946{col 70}{space 3} 7.903214
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-8.420294{col 29}{space 2} 6.715302{col 40}{space 1}   -1.25{col 49}{space 3}0.210{col 57}{space 4}-21.61437{col 70}{space 3} 4.773782
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-8.058851{col 29}{space 2} 6.924626{col 40}{space 1}   -1.16{col 49}{space 3}0.245{col 57}{space 4} -21.6642{col 70}{space 3} 5.546501
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.651066{col 29}{space 2}  6.95728{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-22.32058{col 70}{space 3} 5.018444
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-6.549417{col 29}{space 2} 6.858561{col 40}{space 1}   -0.95{col 49}{space 3}0.340{col 57}{space 4}-20.02497{col 70}{space 3} 6.926132
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.950811{col 29}{space 2} 7.170823{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-22.03988{col 70}{space 3} 6.138262
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.385513{col 29}{space 2} 7.380906{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-21.88735{col 70}{space 3} 7.116327
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-7.690205{col 29}{space 2} 7.485045{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-22.39665{col 70}{space 3} 7.016245
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 3.569098{col 29}{space 2} 7.477754{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-11.12303{col 70}{space 3} 18.26122
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.266049{col 29}{space 2} 7.715434{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-19.42516{col 70}{space 3} 10.89306
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-6.894808{col 29}{space 2} 7.803884{col 40}{space 1}   -0.88{col 49}{space 3}0.377{col 57}{space 4} -22.2277{col 70}{space 3} 8.438089
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.293034{col 29}{space 2} 8.145782{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-25.29769{col 70}{space 3} 6.711617
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -9.73448{col 29}{space 2}  8.20456{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-25.85462{col 70}{space 3} 6.385658
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.947519{col 29}{space 2} 8.285088{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-25.22588{col 70}{space 3} 7.330837
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-7.294264{col 29}{space 2} 8.476142{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}  -23.948{col 70}{space 3} 9.359472
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-10.62027{col 29}{space 2} 8.706106{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-27.72584{col 70}{space 3} 6.485288
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-4.640486{col 29}{space 2}  8.72978{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4}-21.79256{col 70}{space 3} 12.51159
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-8.892103{col 29}{space 2}  9.02904{col 40}{space 1}   -0.98{col 49}{space 3}0.325{col 57}{space 4}-26.63216{col 70}{space 3} 8.847953
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.170887{col 29}{space 2} 9.280609{col 40}{space 1}   -0.66{col 49}{space 3}0.506{col 57}{space 4}-24.40522{col 70}{space 3} 12.06345
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-10.19924{col 29}{space 2} 9.462813{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-28.79157{col 70}{space 3}  8.39308
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -10.7401{col 29}{space 2} 9.599988{col 40}{space 1}   -1.12{col 49}{space 3}0.264{col 57}{space 4}-29.60194{col 70}{space 3} 8.121741
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.18697{col 29}{space 2} 9.741646{col 40}{space 1}   -1.15{col 49}{space 3}0.251{col 57}{space 4}-30.32714{col 70}{space 3} 7.953195
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-12.57751{col 29}{space 2} 9.510995{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4} -31.2645{col 70}{space 3} 6.109478
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.99366{col 29}{space 2} 9.762732{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-27.17526{col 70}{space 3} 11.18794
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.627522{col 29}{space 2} 4.028249{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-9.542135{col 70}{space 3} 6.287092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullpcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 79,       496){col 67}= {res}     37.26
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1222951{col 29}{space 2} .0305347{col 40}{space 1}   -4.01{col 49}{space 3}0.000{col 57}{space 4}-.1822883{col 70}{space 3}-.0623019
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.772093{col 29}{space 2} .6366426{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4}  .521244{col 70}{space 3} 3.022942
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .109656{col 29}{space 2} .1124245{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-.1112309{col 70}{space 3}  .330543
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1439833{col 29}{space 2} 1.249662{col 40}{space 1}    0.12{col 49}{space 3}0.908{col 57}{space 4}-2.311301{col 70}{space 3} 2.599267
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1561908{col 29}{space 2} .0843479{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.0095325{col 70}{space 3} .3219141
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.931288{col 29}{space 2} 1.247156{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-4.381648{col 70}{space 3}  .519072
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0467433{col 29}{space 2} .0590624{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-.1627866{col 70}{space 3}    .0693
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-2.629264{col 29}{space 2}  1.14893{col 40}{space 1}   -2.29{col 49}{space 3}0.023{col 57}{space 4}-4.886634{col 70}{space 3} -.371894
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-47.87404{col 29}{space 2} 17.98025{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-83.20089{col 70}{space 3} -12.5472
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-65.18104{col 29}{space 2} 29.23446{col 40}{space 1}   -2.23{col 49}{space 3}0.026{col 57}{space 4}-122.6197{col 70}{space 3}-7.742391
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 68.99191{col 29}{space 2} 32.83273{col 40}{space 1}    2.10{col 49}{space 3}0.036{col 57}{space 4} 4.483532{col 70}{space 3} 133.5003
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-144.3705{col 29}{space 2} 38.84168{col 40}{space 1}   -3.72{col 49}{space 3}0.000{col 57}{space 4} -220.685{col 70}{space 3}-68.05599
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 64.59849{col 29}{space 2} 34.25374{col 40}{space 1}    1.89{col 49}{space 3}0.060{col 57}{space 4}-2.701832{col 70}{space 3} 131.8988
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.95879{col 29}{space 2}  23.2321{col 40}{space 1}   -1.33{col 49}{space 3}0.183{col 57}{space 4}-76.60424{col 70}{space 3} 14.68666
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.273396{col 29}{space 2} 30.74859{col 40}{space 1}    0.27{col 49}{space 3}0.788{col 57}{space 4}-52.14016{col 70}{space 3} 68.68695
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-92.11398{col 29}{space 2} 26.66189{col 40}{space 1}   -3.45{col 49}{space 3}0.001{col 57}{space 4}-144.4981{col 70}{space 3} -39.7298
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 526.7415{col 29}{space 2}  80.6442{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 368.2952{col 70}{space 3} 685.1879
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  171.329{col 29}{space 2} 112.6513{col 40}{space 1}    1.52{col 49}{space 3}0.129{col 57}{space 4}-50.00359{col 70}{space 3} 392.6617
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 366.1388{col 29}{space 2} 79.67316{col 40}{space 1}    4.60{col 49}{space 3}0.000{col 57}{space 4} 209.6003{col 70}{space 3} 522.6773
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 470.1157{col 29}{space 2} 102.6395{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 268.4538{col 70}{space 3} 671.7775
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 426.2219{col 29}{space 2} 80.72479{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 267.6172{col 70}{space 3} 584.8266
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 453.2631{col 29}{space 2} 80.80571{col 40}{space 1}    5.61{col 49}{space 3}0.000{col 57}{space 4} 294.4994{col 70}{space 3} 612.0268
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 219.5307{col 29}{space 2} 83.94726{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} 54.59464{col 70}{space 3} 384.4668
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 648.4589{col 29}{space 2} 74.31817{col 40}{space 1}    8.73{col 49}{space 3}0.000{col 57}{space 4} 502.4417{col 70}{space 3} 794.4762
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 573.2584{col 29}{space 2}  116.539{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 344.2874{col 70}{space 3} 802.2294
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 356.9496{col 29}{space 2} 89.43037{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 181.2406{col 70}{space 3} 532.6587
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 429.0613{col 29}{space 2} 92.49737{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 247.3263{col 70}{space 3} 610.7963
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 595.7579{col 29}{space 2} 88.38152{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 422.1096{col 70}{space 3} 769.4062
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 400.4642{col 29}{space 2} 98.02453{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 207.8696{col 70}{space 3} 593.0587
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 550.4924{col 29}{space 2}  87.2386{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 379.0896{col 70}{space 3} 721.8951
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}   619.09{col 29}{space 2} 101.4958{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 419.6753{col 70}{space 3} 818.5047
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 654.4036{col 29}{space 2} 98.52188{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 460.8319{col 70}{space 3} 847.9752
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 731.8484{col 29}{space 2} 105.0048{col 40}{space 1}    6.97{col 49}{space 3}0.000{col 57}{space 4} 525.5393{col 70}{space 3} 938.1575
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 848.0338{col 29}{space 2} 111.1267{col 40}{space 1}    7.63{col 49}{space 3}0.000{col 57}{space 4} 629.6966{col 70}{space 3} 1066.371
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 856.8263{col 29}{space 2} 124.9116{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 611.4052{col 70}{space 3} 1102.248
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  818.142{col 29}{space 2} 122.0213{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 578.3996{col 70}{space 3} 1057.884
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 908.0345{col 29}{space 2} 126.4967{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4}  659.499{col 70}{space 3}  1156.57
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 881.9045{col 29}{space 2} 144.1072{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 598.7687{col 70}{space 3}  1165.04
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 825.3702{col 29}{space 2} 141.0257{col 40}{space 1}    5.85{col 49}{space 3}0.000{col 57}{space 4} 548.2889{col 70}{space 3} 1102.452
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 939.2023{col 29}{space 2} 140.8215{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 662.5221{col 70}{space 3} 1215.882
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1210.913{col 29}{space 2} 156.0943{col 40}{space 1}    7.76{col 49}{space 3}0.000{col 57}{space 4} 904.2256{col 70}{space 3} 1517.601
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1214.256{col 29}{space 2} 184.9328{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 850.9073{col 70}{space 3} 1577.604
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 706.4037{col 29}{space 2} 186.0068{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 340.9453{col 70}{space 3} 1071.862
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 792.3048{col 29}{space 2} 167.5641{col 40}{space 1}    4.73{col 49}{space 3}0.000{col 57}{space 4} 463.0817{col 70}{space 3} 1121.528
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  1328.24{col 29}{space 2} 181.9054{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 970.8401{col 70}{space 3}  1685.64
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1158.157{col 29}{space 2} 219.9008{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 726.1056{col 70}{space 3} 1590.209
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1248.101{col 29}{space 2} 194.5287{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4}  865.899{col 70}{space 3} 1630.303
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  952.591{col 29}{space 2} 218.1394{col 40}{space 1}    4.37{col 49}{space 3}0.000{col 57}{space 4} 523.9999{col 70}{space 3} 1381.182
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 625.7615{col 29}{space 2} 202.5175{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 227.8637{col 70}{space 3} 1023.659
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1174.351{col 29}{space 2}  199.153{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 783.0637{col 70}{space 3} 1565.639
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1016.919{col 29}{space 2} 229.7555{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 565.5053{col 70}{space 3} 1468.333
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1031.431{col 29}{space 2} 212.4101{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 614.0962{col 70}{space 3} 1448.765
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1492.943{col 29}{space 2} 210.6601{col 40}{space 1}    7.09{col 49}{space 3}0.000{col 57}{space 4} 1079.046{col 70}{space 3} 1906.839
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}   1161.7{col 29}{space 2} 237.1241{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 695.8088{col 70}{space 3} 1627.592
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1138.186{col 29}{space 2} 209.4762{col 40}{space 1}    5.43{col 49}{space 3}0.000{col 57}{space 4}  726.616{col 70}{space 3} 1549.756
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1154.067{col 29}{space 2}  223.709{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4}  714.533{col 70}{space 3} 1593.601
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1386.184{col 29}{space 2} 221.0442{col 40}{space 1}    6.27{col 49}{space 3}0.000{col 57}{space 4} 951.8852{col 70}{space 3} 1820.482
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1352.306{col 29}{space 2} 246.8921{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 867.2229{col 70}{space 3}  1837.39
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1156.279{col 29}{space 2} 241.2467{col 40}{space 1}    4.79{col 49}{space 3}0.000{col 57}{space 4} 682.2875{col 70}{space 3}  1630.27
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1120.388{col 29}{space 2} 237.5726{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 653.6156{col 70}{space 3} 1587.161
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1513.207{col 29}{space 2} 236.3252{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 1048.885{col 70}{space 3} 1977.528
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}  1234.41{col 29}{space 2} 266.4974{col 40}{space 1}    4.63{col 49}{space 3}0.000{col 57}{space 4} 710.8075{col 70}{space 3} 1758.013
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1429.239{col 29}{space 2} 246.5949{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 944.7396{col 70}{space 3} 1913.738
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1366.224{col 29}{space 2} 263.3414{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 848.8222{col 70}{space 3} 1883.627
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1395.74{col 29}{space 2} 257.7775{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 889.2692{col 70}{space 3}  1902.21
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1515.347{col 29}{space 2}  265.841{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 993.0339{col 70}{space 3} 2037.661
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1737.164{col 29}{space 2} 261.9964{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 1222.404{col 70}{space 3} 2251.923
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1399.505{col 29}{space 2} 293.8413{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 822.1778{col 70}{space 3} 1976.832
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1590.765{col 29}{space 2} 279.6005{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 1041.417{col 70}{space 3} 2140.112
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1623.311{col 29}{space 2} 310.6799{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4}   1012.9{col 70}{space 3} 2233.722
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1390.238{col 29}{space 2} 293.3963{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 813.7848{col 70}{space 3}  1966.69
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1491.473{col 29}{space 2} 291.4727{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4}    918.8{col 70}{space 3} 2064.147
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1744.781{col 29}{space 2} 323.8839{col 40}{space 1}    5.39{col 49}{space 3}0.000{col 57}{space 4} 1108.428{col 70}{space 3} 2381.135
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1624.339{col 29}{space 2} 330.0376{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 975.8946{col 70}{space 3} 2272.783
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1919.085{col 29}{space 2} 341.9822{col 40}{space 1}    5.61{col 49}{space 3}0.000{col 57}{space 4} 1247.173{col 70}{space 3} 2590.997
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1783.309{col 29}{space 2} 337.1537{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 1120.884{col 70}{space 3} 2445.735
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1663.014{col 29}{space 2} 381.2562{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 913.9381{col 70}{space 3}  2412.09
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1004.233{col 29}{space 2} 321.7006{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 372.1693{col 70}{space 3} 1636.297
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  1748.19{col 29}{space 2}  323.599{col 40}{space 1}    5.40{col 49}{space 3}0.000{col 57}{space 4} 1112.396{col 70}{space 3} 2383.983
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 208.0473{col 29}{space 2} 123.1179{col 40}{space 1}    1.69{col 49}{space 3}0.092{col 57}{space 4}-33.84956{col 70}{space 3} 449.9441
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(79, 496)      = {res}    12.79
{txt}       Model {c |} {res} 23368744.4        79  295806.892   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 11472361.4       496  23129.7609   {txt}R-squared       ={res}    0.6707
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6183
{txt}       Total {c |} {res} 34841105.9       575  60593.2276   {txt}Root MSE        =   {res} 152.08

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1222951{col 29}{space 2} .0217601{col 40}{space 1}   -5.62{col 49}{space 3}0.000{col 57}{space 4}-.1650484{col 70}{space 3}-.0795418
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.772093{col 29}{space 2} .5533245{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} .6849439{col 70}{space 3} 2.859242
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .109656{col 29}{space 2} .0441721{col 40}{space 1}    2.48{col 49}{space 3}0.013{col 57}{space 4} .0228685{col 70}{space 3} .1964436
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1439833{col 29}{space 2} 1.176767{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-2.168078{col 70}{space 3} 2.456045
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1561908{col 29}{space 2}  .048278{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} .0613362{col 70}{space 3} .2510454
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.931288{col 29}{space 2} 1.268571{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-4.423723{col 70}{space 3} .5611472
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0467433{col 29}{space 2} .0503474{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-.1456639{col 70}{space 3} .0521772
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-2.629264{col 29}{space 2} 1.261815{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-5.108424{col 70}{space 3}-.1501032
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-47.87404{col 29}{space 2} 28.21961{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-103.3188{col 70}{space 3} 7.570669
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-65.18104{col 29}{space 2} 33.95074{col 40}{space 1}   -1.92{col 49}{space 3}0.055{col 57}{space 4} -131.886{col 70}{space 3} 1.523956
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 68.99191{col 29}{space 2} 28.34378{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 13.30324{col 70}{space 3} 124.6806
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-144.3705{col 29}{space 2} 36.52845{col 40}{space 1}   -3.95{col 49}{space 3}0.000{col 57}{space 4}-216.1401{col 70}{space 3}-72.60093
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 64.59849{col 29}{space 2} 32.74937{col 40}{space 1}    1.97{col 49}{space 3}0.049{col 57}{space 4} .2538977{col 70}{space 3} 128.9431
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-30.95879{col 29}{space 2} 27.71589{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-85.41381{col 70}{space 3} 23.49623
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.273396{col 29}{space 2} 34.21842{col 40}{space 1}    0.24{col 49}{space 3}0.809{col 57}{space 4}-58.95752{col 70}{space 3} 75.50431
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-92.11398{col 29}{space 2} 31.75835{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-154.5115{col 70}{space 3} -29.7165
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 526.7415{col 29}{space 2} 77.30443{col 40}{space 1}    6.81{col 49}{space 3}0.000{col 57}{space 4}  374.857{col 70}{space 3} 678.6261
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  171.329{col 29}{space 2} 90.03925{col 40}{space 1}    1.90{col 49}{space 3}0.058{col 57}{space 4}-5.576325{col 70}{space 3} 348.2344
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 366.1388{col 29}{space 2} 84.17714{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4} 200.7511{col 70}{space 3} 531.5266
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 470.1157{col 29}{space 2} 77.85608{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 317.1473{col 70}{space 3}  623.084
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 426.2219{col 29}{space 2} 82.49097{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4}  264.147{col 70}{space 3} 588.2967
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 453.2631{col 29}{space 2} 78.63783{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4} 298.7587{col 70}{space 3} 607.7674
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 219.5307{col 29}{space 2} 78.43443{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 65.42602{col 70}{space 3} 373.6354
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 648.4589{col 29}{space 2} 75.90795{col 40}{space 1}    8.54{col 49}{space 3}0.000{col 57}{space 4} 499.3181{col 70}{space 3} 797.5997
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 573.2584{col 29}{space 2} 82.20902{col 40}{space 1}    6.97{col 49}{space 3}0.000{col 57}{space 4} 411.7375{col 70}{space 3} 734.7793
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 356.9496{col 29}{space 2} 85.78684{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 188.3992{col 70}{space 3}    525.5
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 429.0613{col 29}{space 2} 77.59666{col 40}{space 1}    5.53{col 49}{space 3}0.000{col 57}{space 4} 276.6026{col 70}{space 3}   581.52
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 595.7579{col 29}{space 2} 80.17481{col 40}{space 1}    7.43{col 49}{space 3}0.000{col 57}{space 4} 438.2338{col 70}{space 3}  753.282
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 400.4642{col 29}{space 2}  84.9548{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 233.5485{col 70}{space 3} 567.3798
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 550.4924{col 29}{space 2} 82.87302{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 387.6669{col 70}{space 3} 713.3178
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}   619.09{col 29}{space 2} 83.88976{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 454.2669{col 70}{space 3} 783.9131
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 654.4036{col 29}{space 2} 88.06672{col 40}{space 1}    7.43{col 49}{space 3}0.000{col 57}{space 4} 481.3738{col 70}{space 3} 827.4334
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 731.8484{col 29}{space 2}  87.3857{col 40}{space 1}    8.37{col 49}{space 3}0.000{col 57}{space 4} 560.1566{col 70}{space 3} 903.5402
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 848.0338{col 29}{space 2} 90.21761{col 40}{space 1}    9.40{col 49}{space 3}0.000{col 57}{space 4}  670.778{col 70}{space 3}  1025.29
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 856.8263{col 29}{space 2} 93.57544{col 40}{space 1}    9.16{col 49}{space 3}0.000{col 57}{space 4} 672.9732{col 70}{space 3} 1040.679
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  818.142{col 29}{space 2} 96.00538{col 40}{space 1}    8.52{col 49}{space 3}0.000{col 57}{space 4} 629.5146{col 70}{space 3} 1006.769
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 908.0345{col 29}{space 2} 98.21951{col 40}{space 1}    9.24{col 49}{space 3}0.000{col 57}{space 4} 715.0569{col 70}{space 3} 1101.012
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 881.9045{col 29}{space 2}  102.981{col 40}{space 1}    8.56{col 49}{space 3}0.000{col 57}{space 4} 679.5718{col 70}{space 3} 1084.237
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 825.3702{col 29}{space 2} 105.1654{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 618.7455{col 70}{space 3} 1031.995
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 939.2023{col 29}{space 2} 107.5786{col 40}{space 1}    8.73{col 49}{space 3}0.000{col 57}{space 4} 727.8363{col 70}{space 3} 1150.568
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1210.913{col 29}{space 2} 113.1063{col 40}{space 1}   10.71{col 49}{space 3}0.000{col 57}{space 4} 988.6866{col 70}{space 3}  1433.14
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1214.256{col 29}{space 2} 122.8301{col 40}{space 1}    9.89{col 49}{space 3}0.000{col 57}{space 4} 972.9242{col 70}{space 3} 1455.587
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 706.4037{col 29}{space 2} 128.6495{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 453.6385{col 70}{space 3} 959.1688
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 792.3048{col 29}{space 2} 124.2256{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 548.2314{col 70}{space 3} 1036.378
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  1328.24{col 29}{space 2} 127.6071{col 40}{space 1}   10.41{col 49}{space 3}0.000{col 57}{space 4} 1077.523{col 70}{space 3} 1578.957
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1158.157{col 29}{space 2} 144.6402{col 40}{space 1}    8.01{col 49}{space 3}0.000{col 57}{space 4} 873.9744{col 70}{space 3}  1442.34
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1248.101{col 29}{space 2} 146.2985{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 960.6598{col 70}{space 3} 1535.542
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  952.591{col 29}{space 2} 145.3461{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4}  667.021{col 70}{space 3} 1238.161
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 625.7615{col 29}{space 2} 147.6949{col 40}{space 1}    4.24{col 49}{space 3}0.000{col 57}{space 4} 335.5767{col 70}{space 3} 915.9464
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1174.351{col 29}{space 2} 144.8081{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 889.8383{col 70}{space 3} 1458.864
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1016.919{col 29}{space 2} 155.8827{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 710.6475{col 70}{space 3} 1323.191
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1031.431{col 29}{space 2}  158.168{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 720.6688{col 70}{space 3} 1342.193
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1492.943{col 29}{space 2} 150.0763{col 40}{space 1}    9.95{col 49}{space 3}0.000{col 57}{space 4} 1198.079{col 70}{space 3} 1787.806
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}   1161.7{col 29}{space 2} 161.0548{col 40}{space 1}    7.21{col 49}{space 3}0.000{col 57}{space 4} 845.2666{col 70}{space 3} 1478.134
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1138.186{col 29}{space 2} 159.6095{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4}  824.592{col 70}{space 3}  1451.78
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1154.067{col 29}{space 2} 157.6191{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4} 844.3837{col 70}{space 3}  1463.75
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1386.184{col 29}{space 2} 163.3354{col 40}{space 1}    8.49{col 49}{space 3}0.000{col 57}{space 4} 1065.269{col 70}{space 3} 1707.098
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1352.306{col 29}{space 2} 170.3419{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 1017.626{col 70}{space 3} 1686.987
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1156.279{col 29}{space 2} 174.0579{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 814.2973{col 70}{space 3} 1498.261
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1120.388{col 29}{space 2} 171.9476{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 782.5529{col 70}{space 3} 1458.224
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1513.207{col 29}{space 2} 174.9083{col 40}{space 1}    8.65{col 49}{space 3}0.000{col 57}{space 4} 1169.554{col 70}{space 3} 1856.859
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}  1234.41{col 29}{space 2} 184.7999{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 871.3234{col 70}{space 3} 1597.498
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1429.239{col 29}{space 2} 184.6691{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 1066.409{col 70}{space 3} 1792.069
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1366.224{col 29}{space 2} 185.3786{col 40}{space 1}    7.37{col 49}{space 3}0.000{col 57}{space 4}     1002{col 70}{space 3} 1730.449
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1395.74{col 29}{space 2} 191.2078{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 1020.063{col 70}{space 3} 1771.417
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1515.347{col 29}{space 2} 192.0096{col 40}{space 1}    7.89{col 49}{space 3}0.000{col 57}{space 4} 1138.095{col 70}{space 3}   1892.6
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1737.164{col 29}{space 2} 196.3938{col 40}{space 1}    8.85{col 49}{space 3}0.000{col 57}{space 4} 1351.297{col 70}{space 3}  2123.03
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1399.505{col 29}{space 2} 203.7858{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4}  999.115{col 70}{space 3} 1799.895
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1590.765{col 29}{space 2} 204.4113{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 1189.146{col 70}{space 3} 1992.384
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1623.311{col 29}{space 2}  209.374{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 1211.941{col 70}{space 3}  2034.68
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1390.238{col 29}{space 2} 218.9885{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 959.9781{col 70}{space 3} 1820.497
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1491.473{col 29}{space 2} 217.9664{col 40}{space 1}    6.84{col 49}{space 3}0.000{col 57}{space 4} 1063.222{col 70}{space 3} 1919.725
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1744.781{col 29}{space 2} 222.3606{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 1307.896{col 70}{space 3} 2181.666
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1624.339{col 29}{space 2} 231.1481{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 1170.188{col 70}{space 3} 2078.489
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1919.085{col 29}{space 2} 231.4721{col 40}{space 1}    8.29{col 49}{space 3}0.000{col 57}{space 4} 1464.298{col 70}{space 3} 2373.872
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1783.309{col 29}{space 2} 237.6093{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4} 1316.464{col 70}{space 3} 2250.154
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1663.014{col 29}{space 2} 243.0637{col 40}{space 1}    6.84{col 49}{space 3}0.000{col 57}{space 4} 1185.453{col 70}{space 3} 2140.576
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1004.233{col 29}{space 2} 244.2691{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 524.3035{col 70}{space 3} 1484.163
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  1748.19{col 29}{space 2} 242.8059{col 40}{space 1}    7.20{col 49}{space 3}0.000{col 57}{space 4} 1271.135{col 70}{space 3} 2225.245
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 208.0473{col 29}{space 2} 102.2604{col 40}{space 1}    2.03{col 49}{space 3}0.042{col 57}{space 4} 7.130406{col 70}{space 3} 408.9642
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-3988.246{col 38} -3668.32{col 49}    80{col 58} 7496.639{col 69} 7845.128
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 79,       496){col 67}= {res}      3.35
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.079502{col 29}{space 2} .0214428{col 40}{space 1}   -3.71{col 49}{space 3}0.000{col 57}{space 4} -.121632{col 70}{space 3} -.037372
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0013317{col 29}{space 2} .0008937{col 40}{space 1}    1.49{col 49}{space 3}0.137{col 57}{space 4}-.0004243{col 70}{space 3} .0030876
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0079846{col 29}{space 2} .0384289{col 40}{space 1}    0.21{col 49}{space 3}0.835{col 57}{space 4}-.0675189{col 70}{space 3}  .083488
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0001393{col 29}{space 2}  .001803{col 40}{space 1}    0.08{col 49}{space 3}0.938{col 57}{space 4}-.0034032{col 70}{space 3} .0036818
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0855247{col 29}{space 2} .0726971{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4} -.228357{col 70}{space 3} .0573075
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0028525{col 29}{space 2} .0022747{col 40}{space 1}    1.25{col 49}{space 3}0.210{col 57}{space 4}-.0016166{col 70}{space 3} .0073217
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .034819{col 29}{space 2} .0232505{col 40}{space 1}    1.50{col 49}{space 3}0.135{col 57}{space 4}-.0108627{col 70}{space 3} .0805007
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003591{col 29}{space 2} .0022496{col 40}{space 1}    0.16{col 49}{space 3}0.873{col 57}{space 4}-.0040608{col 70}{space 3}  .004779
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .1399758{col 29}{space 2} .8842359{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-1.597334{col 70}{space 3} 1.877285
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.042529{col 29}{space 2} 1.007687{col 40}{space 1}    2.03{col 49}{space 3}0.043{col 57}{space 4} .0626688{col 70}{space 3}  4.02239
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.3341326{col 29}{space 2} .7589082{col 40}{space 1}   -0.44{col 49}{space 3}0.660{col 57}{space 4}-1.825204{col 70}{space 3} 1.156939
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.806218{col 29}{space 2} 1.241667{col 40}{space 1}    1.45{col 49}{space 3}0.146{col 57}{space 4}-.6333581{col 70}{space 3} 4.245793
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1824367{col 29}{space 2} 1.078745{col 40}{space 1}    0.17{col 49}{space 3}0.866{col 57}{space 4}-1.937036{col 70}{space 3} 2.301909
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.079765{col 29}{space 2} .8089653{col 40}{space 1}    1.33{col 49}{space 3}0.183{col 57}{space 4} -.509656{col 70}{space 3} 2.669187
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.855324{col 29}{space 2} 1.326027{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.7499979{col 70}{space 3} 4.460646
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .9337681{col 29}{space 2} 1.058527{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.145981{col 70}{space 3} 3.013517
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7686031{col 29}{space 2} 2.492671{col 40}{space 1}   -0.31{col 49}{space 3}0.758{col 57}{space 4}  -5.6661{col 70}{space 3} 4.128893
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.883791{col 29}{space 2} 4.550607{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-14.82463{col 70}{space 3} 3.057053
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.891938{col 29}{space 2}  3.15859{col 40}{space 1}   -1.23{col 49}{space 3}0.218{col 57}{space 4} -10.0978{col 70}{space 3} 2.313927
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -2.31387{col 29}{space 2} 2.969196{col 40}{space 1}   -0.78{col 49}{space 3}0.436{col 57}{space 4}-8.147623{col 70}{space 3} 3.519883
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.316835{col 29}{space 2} 2.722521{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-7.665931{col 70}{space 3} 3.032261
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.8472091{col 29}{space 2} 2.663377{col 40}{space 1}   -0.32{col 49}{space 3}0.751{col 57}{space 4}  -6.0801{col 70}{space 3} 4.385682
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -3.95781{col 29}{space 2} 2.560967{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-8.989491{col 70}{space 3} 1.073872
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.584343{col 29}{space 2} 2.862954{col 40}{space 1}   -1.25{col 49}{space 3}0.211{col 57}{space 4}-9.209355{col 70}{space 3} 2.040668
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.108795{col 29}{space 2} 3.234996{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-10.46478{col 70}{space 3} 2.247191
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-1.081418{col 29}{space 2} 3.422656{col 40}{space 1}   -0.32{col 49}{space 3}0.752{col 57}{space 4}-7.806109{col 70}{space 3} 5.643274
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-2.750088{col 29}{space 2} 2.610199{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-7.878499{col 70}{space 3} 2.378322
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} -9.34053{col 29}{space 2} 4.384579{col 40}{space 1}   -2.13{col 49}{space 3}0.034{col 57}{space 4}-17.95517{col 70}{space 3}-.7258931
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.362333{col 29}{space 2} 2.854861{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-10.97145{col 70}{space 3} .2467789
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.440585{col 29}{space 2} 3.152494{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-9.634473{col 70}{space 3} 2.753302
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.425606{col 29}{space 2} 3.284697{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-9.879242{col 70}{space 3} 3.028029
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}  -1.3213{col 29}{space 2} 3.604899{col 40}{space 1}   -0.37{col 49}{space 3}0.714{col 57}{space 4}-8.404055{col 70}{space 3} 5.761456
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -2.23052{col 29}{space 2} 4.206041{col 40}{space 1}   -0.53{col 49}{space 3}0.596{col 57}{space 4}-10.49437{col 70}{space 3} 6.033334
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} -6.26493{col 29}{space 2} 4.314514{col 40}{space 1}   -1.45{col 49}{space 3}0.147{col 57}{space 4}-14.74191{col 70}{space 3} 2.212048
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-5.271202{col 29}{space 2} 3.669824{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-12.48152{col 70}{space 3} 1.939114
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 2.741251{col 29}{space 2} 5.494937{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-8.054971{col 70}{space 3} 13.53747
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.891421{col 29}{space 2} 4.309423{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4} -14.3584{col 70}{space 3} 2.575554
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-3.088906{col 29}{space 2} 5.737782{col 40}{space 1}   -0.54{col 49}{space 3}0.591{col 57}{space 4}-14.36226{col 70}{space 3} 8.184448
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} -7.32219{col 29}{space 2} 4.253744{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-15.67977{col 70}{space 3} 1.035388
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-7.667739{col 29}{space 2} 4.326185{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-16.16765{col 70}{space 3} .8321698
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.758824{col 29}{space 2} 5.101087{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-18.78123{col 70}{space 3} 1.263579
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-5.552344{col 29}{space 2}  5.55079{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-16.45831{col 70}{space 3} 5.353618
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-10.21082{col 29}{space 2} 5.106055{col 40}{space 1}   -2.00{col 49}{space 3}0.046{col 57}{space 4}-20.24298{col 70}{space 3}-.1786546
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-13.45419{col 29}{space 2} 5.618908{col 40}{space 1}   -2.39{col 49}{space 3}0.017{col 57}{space 4}-24.49399{col 70}{space 3}-2.414395
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-8.346121{col 29}{space 2} 5.537559{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-19.22609{col 70}{space 3} 2.533845
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  -11.919{col 29}{space 2} 6.038098{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4} -23.7824{col 70}{space 3}-.0555988
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-9.802467{col 29}{space 2} 5.644408{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-20.89236{col 70}{space 3} 1.287431
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-6.051913{col 29}{space 2} 6.590182{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-19.00003{col 70}{space 3} 6.896201
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-8.423884{col 29}{space 2} 5.489609{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-19.20964{col 70}{space 3}  2.36187
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-6.075481{col 29}{space 2} 5.850199{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-17.56971{col 70}{space 3} 5.418745
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-9.164334{col 29}{space 2} 6.192649{col 40}{space 1}   -1.48{col 49}{space 3}0.140{col 57}{space 4}-21.33139{col 70}{space 3} 3.002723
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -8.99454{col 29}{space 2} 6.488151{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-21.74219{col 70}{space 3} 3.753108
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-9.125551{col 29}{space 2} 6.312666{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-21.52841{col 70}{space 3} 3.277312
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} -3.16989{col 29}{space 2}  7.03687{col 40}{space 1}   -0.45{col 49}{space 3}0.653{col 57}{space 4}-16.99564{col 70}{space 3} 10.65586
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.26826{col 29}{space 2} 6.044132{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-22.14352{col 70}{space 3}    1.607
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-5.573547{col 29}{space 2} 6.818367{col 40}{space 1}   -0.82{col 49}{space 3}0.414{col 57}{space 4}-18.96999{col 70}{space 3} 7.822896
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -9.67952{col 29}{space 2} 6.598387{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-22.64376{col 70}{space 3} 3.284715
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-9.860107{col 29}{space 2} 7.128998{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-23.86687{col 70}{space 3} 4.146651
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.06483{col 29}{space 2} 6.772133{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-23.37043{col 70}{space 3} 3.240779
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -8.05827{col 29}{space 2} 7.338684{col 40}{space 1}   -1.10{col 49}{space 3}0.273{col 57}{space 4}-22.47701{col 70}{space 3}  6.36047
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-9.231765{col 29}{space 2} 7.191238{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-23.36081{col 70}{space 3} 4.897279
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-8.878772{col 29}{space 2} 7.385991{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-23.39046{col 70}{space 3} 5.632915
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-9.375902{col 29}{space 2} 7.206395{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4}-23.53473{col 70}{space 3} 4.782922
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.119828{col 29}{space 2} 7.425355{col 40}{space 1}    0.29{col 49}{space 3}0.775{col 57}{space 4} -12.4692{col 70}{space 3} 16.70886
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-5.928648{col 29}{space 2} 8.223964{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-22.08675{col 70}{space 3} 10.22945
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-8.592332{col 29}{space 2} 7.207089{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-22.75252{col 70}{space 3} 5.567855
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-10.99015{col 29}{space 2} 8.031129{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-26.76938{col 70}{space 3} 4.789077
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.18505{col 29}{space 2} 8.566484{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-29.01612{col 70}{space 3}  4.64602
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-10.81826{col 29}{space 2} 7.987929{col 40}{space 1}   -1.35{col 49}{space 3}0.176{col 57}{space 4}-26.51261{col 70}{space 3} 4.876092
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -8.68258{col 29}{space 2} 9.123527{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4} -26.6081{col 70}{space 3} 9.242945
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-12.41202{col 29}{space 2} 8.650519{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4} -29.4082{col 70}{space 3} 4.584159
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-6.377763{col 29}{space 2} 8.766933{col 40}{space 1}   -0.73{col 49}{space 3}0.467{col 57}{space 4}-23.60267{col 70}{space 3} 10.84714
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-10.63118{col 29}{space 2} 9.119656{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4} -28.5491{col 70}{space 3} 7.286735
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-8.376517{col 29}{space 2} 9.532692{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-27.10595{col 70}{space 3} 10.35292
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-12.13349{col 29}{space 2} 9.436543{col 40}{space 1}   -1.29{col 49}{space 3}0.199{col 57}{space 4}-30.67402{col 70}{space 3} 6.407037
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-12.87331{col 29}{space 2} 10.05148{col 40}{space 1}   -1.28{col 49}{space 3}0.201{col 57}{space 4}-32.62203{col 70}{space 3} 6.875425
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-13.29599{col 29}{space 2} 9.676292{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-32.30756{col 70}{space 3} 5.715588
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-14.71195{col 29}{space 2} 9.751313{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-33.87092{col 70}{space 3} 4.447024
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-10.01741{col 29}{space 2} 10.16714{col 40}{space 1}   -0.99{col 49}{space 3}0.325{col 57}{space 4}-29.99338{col 70}{space 3} 9.958551
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.823793{col 29}{space 2} 4.292839{col 40}{space 1}   -0.66{col 49}{space 3}0.511{col 57}{space 4}-11.25818{col 70}{space 3} 5.610598
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(79, 496)      = {res}     2.33
{txt}       Model {c |} {res}  6183.2837        79   78.269414   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  16691.041       496  33.6512924   {txt}R-squared       ={res}    0.2703
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1541
{txt}       Total {c |} {res} 22874.3247       575  39.7814343   {txt}Root MSE        =   {res}  5.801

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.079502{col 29}{space 2} .0214502{col 40}{space 1}   -3.71{col 49}{space 3}0.000{col 57}{space 4}-.1216465{col 70}{space 3}-.0373575
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0013317{col 29}{space 2} .0008273{col 40}{space 1}    1.61{col 49}{space 3}0.108{col 57}{space 4}-.0002937{col 70}{space 3}  .002957
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0079846{col 29}{space 2}  .049205{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-.0886914{col 70}{space 3} .1046605
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0001393{col 29}{space 2} .0017119{col 40}{space 1}    0.08{col 49}{space 3}0.935{col 57}{space 4}-.0032242{col 70}{space 3} .0035028
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0855247{col 29}{space 2} .0483006{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-.1804237{col 70}{space 3} .0093742
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0028525{col 29}{space 2} .0016898{col 40}{space 1}    1.69{col 49}{space 3}0.092{col 57}{space 4}-.0004676{col 70}{space 3} .0061726
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .034819{col 29}{space 2} .0470175{col 40}{space 1}    0.74{col 49}{space 3}0.459{col 57}{space 4} -.057559{col 70}{space 3}  .127197
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003591{col 29}{space 2} .0018533{col 40}{space 1}    0.19{col 49}{space 3}0.846{col 57}{space 4}-.0032822{col 70}{space 3} .0040004
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .1399758{col 29}{space 2} 1.075922{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-1.973951{col 70}{space 3} 2.253902
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.042529{col 29}{space 2} 1.311014{col 40}{space 1}    1.56{col 49}{space 3}0.120{col 57}{space 4}-.5332971{col 70}{space 3} 4.618356
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.3341326{col 29}{space 2} 1.086116{col 40}{space 1}   -0.31{col 49}{space 3}0.758{col 57}{space 4}-2.468088{col 70}{space 3} 1.799823
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.806218{col 29}{space 2}  1.39426{col 40}{space 1}    1.30{col 49}{space 3}0.196{col 57}{space 4}-.9331653{col 70}{space 3} 4.545601
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1824367{col 29}{space 2} 1.242525{col 40}{space 1}    0.15{col 49}{space 3}0.883{col 57}{space 4}-2.258825{col 70}{space 3} 2.623699
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.079765{col 29}{space 2} 1.058335{col 40}{space 1}    1.02{col 49}{space 3}0.308{col 57}{space 4} -.999608{col 70}{space 3} 3.159139
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.855324{col 29}{space 2} 1.307679{col 40}{space 1}    1.42{col 49}{space 3}0.157{col 57}{space 4}  -.71395{col 70}{space 3} 4.424598
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .9337681{col 29}{space 2} 1.240616{col 40}{space 1}    0.75{col 49}{space 3}0.452{col 57}{space 4}-1.503743{col 70}{space 3} 3.371279
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7686031{col 29}{space 2} 3.032257{col 40}{space 1}   -0.25{col 49}{space 3}0.800{col 57}{space 4}-6.726255{col 70}{space 3} 5.189049
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-5.883791{col 29}{space 2} 3.045103{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-11.86668{col 70}{space 3} .0991008
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.891938{col 29}{space 2}  2.89574{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-9.581368{col 70}{space 3} 1.797492
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -2.31387{col 29}{space 2} 3.042447{col 40}{space 1}   -0.76{col 49}{space 3}0.447{col 57}{space 4}-8.291543{col 70}{space 3} 3.663803
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.316835{col 29}{space 2} 3.030432{col 40}{space 1}   -0.76{col 49}{space 3}0.445{col 57}{space 4}-8.270902{col 70}{space 3} 3.637232
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.8472091{col 29}{space 2} 3.018865{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-6.778549{col 70}{space 3} 5.084131
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -3.95781{col 29}{space 2} 2.928229{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-9.711072{col 70}{space 3} 1.795452
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.584343{col 29}{space 2} 3.019766{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-9.517455{col 70}{space 3} 2.348768
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.108795{col 29}{space 2} 3.201583{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-10.39913{col 70}{space 3} 2.181542
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-1.081418{col 29}{space 2} 3.039078{col 40}{space 1}   -0.36{col 49}{space 3}0.722{col 57}{space 4}-7.052471{col 70}{space 3} 4.889635
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-2.750088{col 29}{space 2} 2.992988{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-8.630586{col 70}{space 3} 3.130409
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} -9.34053{col 29}{space 2} 3.108639{col 40}{space 1}   -3.00{col 49}{space 3}0.003{col 57}{space 4}-15.44825{col 70}{space 3}-3.232806
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.362333{col 29}{space 2} 3.108795{col 40}{space 1}   -1.72{col 49}{space 3}0.085{col 57}{space 4}-11.47036{col 70}{space 3} .7456986
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.440585{col 29}{space 2} 3.096859{col 40}{space 1}   -1.11{col 49}{space 3}0.267{col 57}{space 4}-9.525165{col 70}{space 3} 2.643994
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.425606{col 29}{space 2}  3.26222{col 40}{space 1}   -1.05{col 49}{space 3}0.294{col 57}{space 4}-9.835081{col 70}{space 3} 2.983868
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}  -1.3213{col 29}{space 2} 3.290552{col 40}{space 1}   -0.40{col 49}{space 3}0.688{col 57}{space 4} -7.78644{col 70}{space 3} 5.143841
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -2.23052{col 29}{space 2} 3.401428{col 40}{space 1}   -0.66{col 49}{space 3}0.512{col 57}{space 4}-8.913503{col 70}{space 3} 4.452463
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} -6.26493{col 29}{space 2} 3.565452{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4}-13.27018{col 70}{space 3} .7403222
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-5.271202{col 29}{space 2} 3.707153{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-12.55486{col 70}{space 3} 2.012457
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 2.741251{col 29}{space 2} 3.775576{col 40}{space 1}    0.73{col 49}{space 3}0.468{col 57}{space 4}-4.676844{col 70}{space 3} 10.15935
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.891421{col 29}{space 2} 3.930992{col 40}{space 1}   -1.50{col 49}{space 3}0.135{col 57}{space 4}-13.61487{col 70}{space 3} 1.832029
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-3.088906{col 29}{space 2} 4.074346{col 40}{space 1}   -0.76{col 49}{space 3}0.449{col 57}{space 4}-11.09401{col 70}{space 3} 4.916199
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} -7.32219{col 29}{space 2} 4.105636{col 40}{space 1}   -1.78{col 49}{space 3}0.075{col 57}{space 4}-15.38877{col 70}{space 3} .7443919
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-7.667739{col 29}{space 2} 4.233978{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-15.98648{col 70}{space 3} .6510053
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.758824{col 29}{space 2} 4.585353{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-17.76793{col 70}{space 3} .2502877
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-5.552344{col 29}{space 2} 4.870905{col 40}{space 1}   -1.14{col 49}{space 3}0.255{col 57}{space 4} -15.1225{col 70}{space 3} 4.017807
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-10.21082{col 29}{space 2} 4.759605{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-19.56229{col 70}{space 3}-.8593453
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-13.45419{col 29}{space 2} 4.749458{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4}-22.78573{col 70}{space 3}-4.122655
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-8.346121{col 29}{space 2} 5.263797{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4}-18.68821{col 70}{space 3} 1.995968
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  -11.919{col 29}{space 2} 5.415713{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-22.55957{col 70}{space 3}-1.278434
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-9.802467{col 29}{space 2} 5.480203{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-20.56974{col 70}{space 3} .9648086
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-6.051913{col 29}{space 2} 5.580971{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4}-17.01717{col 70}{space 3} 4.913347
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-8.423884{col 29}{space 2} 5.417335{col 40}{space 1}   -1.55{col 49}{space 3}0.121{col 57}{space 4}-19.06764{col 70}{space 3}  2.21987
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-6.075481{col 29}{space 2} 5.677948{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-17.23128{col 70}{space 3} 5.080315
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-9.164334{col 29}{space 2} 5.808207{col 40}{space 1}   -1.58{col 49}{space 3}0.115{col 57}{space 4}-20.57606{col 70}{space 3} 2.247388
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -8.99454{col 29}{space 2} 5.544678{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-19.88849{col 70}{space 3} 1.899413
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-9.125551{col 29}{space 2} 5.946865{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4} -20.8097{col 70}{space 3} 2.558602
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} -3.16989{col 29}{space 2} 6.004493{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4}-14.96727{col 70}{space 3} 8.627487
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.26826{col 29}{space 2} 5.937067{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4}-21.93316{col 70}{space 3} 1.396644
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-5.573547{col 29}{space 2} 6.146313{col 40}{space 1}   -0.91{col 49}{space 3}0.365{col 57}{space 4}-17.64957{col 70}{space 3} 6.502472
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -9.67952{col 29}{space 2} 6.344554{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4}-22.14504{col 70}{space 3} 2.785996
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-9.860107{col 29}{space 2} 6.517638{col 40}{space 1}   -1.51{col 49}{space 3}0.131{col 57}{space 4}-22.66569{col 70}{space 3} 2.945476
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.06483{col 29}{space 2}  6.47063{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-22.77805{col 70}{space 3} 2.648397
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -8.05827{col 29}{space 2} 6.518968{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-20.86647{col 70}{space 3} 4.749926
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-9.231765{col 29}{space 2} 6.833627{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-22.65819{col 70}{space 3} 4.194661
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-8.878772{col 29}{space 2} 6.909773{col 40}{space 1}   -1.28{col 49}{space 3}0.199{col 57}{space 4} -22.4548{col 70}{space 3} 4.697261
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-9.375902{col 29}{space 2} 6.925627{col 40}{space 1}   -1.35{col 49}{space 3}0.176{col 57}{space 4}-22.98309{col 70}{space 3} 4.231282
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.119828{col 29}{space 2} 7.155389{col 40}{space 1}    0.30{col 49}{space 3}0.767{col 57}{space 4}-11.93878{col 70}{space 3} 16.17844
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-5.928648{col 29}{space 2} 7.184885{col 40}{space 1}   -0.83{col 49}{space 3}0.410{col 57}{space 4}-20.04521{col 70}{space 3} 8.187915
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-8.592332{col 29}{space 2} 7.417267{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-23.16547{col 70}{space 3} 5.980806
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-10.99015{col 29}{space 2} 7.689289{col 40}{space 1}   -1.43{col 49}{space 3}0.154{col 57}{space 4}-26.09775{col 70}{space 3} 4.117445
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.18505{col 29}{space 2} 7.705483{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-27.32446{col 70}{space 3} 2.954363
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-10.81826{col 29}{space 2} 7.837628{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4} -26.2173{col 70}{space 3} 4.580788
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -8.68258{col 29}{space 2} 8.184064{col 40}{space 1}   -1.06{col 49}{space 3}0.289{col 57}{space 4}-24.76229{col 70}{space 3} 7.397127
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-12.41202{col 29}{space 2} 8.170308{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4} -28.4647{col 70}{space 3} 3.640662
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-6.377763{col 29}{space 2} 8.304589{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-22.69427{col 70}{space 3} 9.938746
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-10.63118{col 29}{space 2} 8.597501{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4} -27.5232{col 70}{space 3} 6.260828
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-8.376517{col 29}{space 2} 8.676202{col 40}{space 1}   -0.97{col 49}{space 3}0.335{col 57}{space 4}-25.42316{col 70}{space 3} 8.670123
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-12.13349{col 29}{space 2} 8.893852{col 40}{space 1}   -1.36{col 49}{space 3}0.173{col 57}{space 4}-29.60776{col 70}{space 3} 5.340781
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-12.87331{col 29}{space 2} 9.143463{col 40}{space 1}   -1.41{col 49}{space 3}0.160{col 57}{space 4}  -30.838{col 70}{space 3} 5.091389
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-13.29599{col 29}{space 2} 9.178538{col 40}{space 1}   -1.45{col 49}{space 3}0.148{col 57}{space 4} -31.3296{col 70}{space 3} 4.737622
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-14.71195{col 29}{space 2} 9.093148{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-32.57779{col 70}{space 3} 3.153889
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-10.01741{col 29}{space 2} 9.302716{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}  -28.295{col 70}{space 3} 8.260174
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.823793{col 29}{space 2} 3.953457{col 40}{space 1}   -0.71{col 49}{space 3}0.475{col 57}{space 4}-10.59138{col 70}{space 3} 4.943794
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}.  
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-1877.627{col 38}-1786.866{col 49}    80{col 58} 3733.733{col 69} 4082.221
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   494) ={res}    2.77
{txt}{col 13}Prob > F ={res}    0.0635
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   494) ={res}    0.56
{txt}{col 13}Prob > F ={res}    0.5737
{txt}
{com}. 
. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 74,       501){col 67}= {res}     37.25
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0911339{col 29}{space 2} .0275828{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4} -.145326{col 70}{space 3}-.0369417
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.238319{col 29}{space 2} .5401243{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} .1771314{col 70}{space 3} 2.299507
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5761807{col 29}{space 2} 1.242357{col 40}{space 1}    0.46{col 49}{space 3}0.643{col 57}{space 4}-1.864691{col 70}{space 3} 3.017053
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-36.25107{col 29}{space 2} 18.26554{col 40}{space 1}   -1.98{col 49}{space 3}0.048{col 57}{space 4}-72.13756{col 70}{space 3}-.3645818
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-46.59127{col 29}{space 2} 28.26528{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-102.1244{col 70}{space 3} 8.941829
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 58.31136{col 29}{space 2} 36.10809{col 40}{space 1}    1.61{col 49}{space 3}0.107{col 57}{space 4}-12.63057{col 70}{space 3} 129.2533
{txt}{space 12}28  {c |}{col 17}{res}{space 2}  -111.12{col 29}{space 2}  35.8752{col 40}{space 1}   -3.10{col 49}{space 3}0.002{col 57}{space 4}-181.6044{col 70}{space 3}-40.63561
{txt}{space 12}40  {c |}{col 17}{res}{space 2}  51.5424{col 29}{space 2} 37.95312{col 40}{space 1}    1.36{col 49}{space 3}0.175{col 57}{space 4}-23.02448{col 70}{space 3} 126.1093
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -25.7594{col 29}{space 2} 25.42844{col 40}{space 1}   -1.01{col 49}{space 3}0.312{col 57}{space 4}-75.71892{col 70}{space 3} 24.20012
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 10.48363{col 29}{space 2} 32.78937{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-53.93799{col 70}{space 3} 74.90525
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-70.66982{col 29}{space 2} 25.70236{col 40}{space 1}   -2.75{col 49}{space 3}0.006{col 57}{space 4}-121.1675{col 70}{space 3}-20.17214
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 485.8635{col 29}{space 2} 72.73125{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 342.9677{col 70}{space 3} 628.7593
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 215.2139{col 29}{space 2} 91.95272{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 34.55349{col 70}{space 3} 395.8744
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 466.0228{col 29}{space 2} 64.88715{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 338.5383{col 70}{space 3} 593.5072
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 527.2465{col 29}{space 2} 72.09679{col 40}{space 1}    7.31{col 49}{space 3}0.000{col 57}{space 4} 385.5972{col 70}{space 3} 668.8958
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 525.9566{col 29}{space 2} 56.76259{col 40}{space 1}    9.27{col 49}{space 3}0.000{col 57}{space 4} 414.4346{col 70}{space 3} 637.4787
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  532.381{col 29}{space 2} 61.51141{col 40}{space 1}    8.65{col 49}{space 3}0.000{col 57}{space 4} 411.5289{col 70}{space 3} 653.2331
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 286.4795{col 29}{space 2} 62.79615{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 163.1032{col 70}{space 3} 409.8557
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 690.9909{col 29}{space 2} 65.72978{col 40}{space 1}   10.51{col 49}{space 3}0.000{col 57}{space 4} 561.8509{col 70}{space 3} 820.1308
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 618.0947{col 29}{space 2} 77.72385{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4} 465.3899{col 70}{space 3} 770.7995
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 457.3609{col 29}{space 2} 73.44922{col 40}{space 1}    6.23{col 49}{space 3}0.000{col 57}{space 4} 313.0544{col 70}{space 3} 601.6673
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 466.3764{col 29}{space 2} 77.30878{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4}  314.487{col 70}{space 3} 618.2657
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 609.2857{col 29}{space 2} 65.05364{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 481.4741{col 70}{space 3} 737.0972
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}  446.856{col 29}{space 2} 69.70433{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 309.9071{col 70}{space 3} 583.8048
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 603.7692{col 29}{space 2}  71.6854{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 462.9282{col 70}{space 3} 744.6103
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 632.2931{col 29}{space 2} 70.80584{col 40}{space 1}    8.93{col 49}{space 3}0.000{col 57}{space 4} 493.1802{col 70}{space 3} 771.4061
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 691.4465{col 29}{space 2} 74.57946{col 40}{space 1}    9.27{col 49}{space 3}0.000{col 57}{space 4} 544.9195{col 70}{space 3} 837.9735
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 760.1857{col 29}{space 2} 77.27831{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 608.3562{col 70}{space 3} 912.0152
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 878.3411{col 29}{space 2} 79.79267{col 40}{space 1}   11.01{col 49}{space 3}0.000{col 57}{space 4} 721.5716{col 70}{space 3} 1035.111
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 899.9685{col 29}{space 2} 89.65142{col 40}{space 1}   10.04{col 49}{space 3}0.000{col 57}{space 4} 723.8294{col 70}{space 3} 1076.108
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 864.4312{col 29}{space 2} 95.55979{col 40}{space 1}    9.05{col 49}{space 3}0.000{col 57}{space 4} 676.6839{col 70}{space 3} 1052.178
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 919.2666{col 29}{space 2} 98.03206{col 40}{space 1}    9.38{col 49}{space 3}0.000{col 57}{space 4}  726.662{col 70}{space 3} 1111.871
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 871.8433{col 29}{space 2} 113.2405{col 40}{space 1}    7.70{col 49}{space 3}0.000{col 57}{space 4} 649.3585{col 70}{space 3} 1094.328
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 830.1444{col 29}{space 2} 115.8874{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 602.4593{col 70}{space 3}  1057.83
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 917.3469{col 29}{space 2}  115.485{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 690.4524{col 70}{space 3} 1144.241
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1191.589{col 29}{space 2} 122.7015{col 40}{space 1}    9.71{col 49}{space 3}0.000{col 57}{space 4} 950.5161{col 70}{space 3} 1432.662
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1219.73{col 29}{space 2} 141.4649{col 40}{space 1}    8.62{col 49}{space 3}0.000{col 57}{space 4} 941.7926{col 70}{space 3} 1497.668
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 725.2141{col 29}{space 2} 151.6399{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 427.2857{col 70}{space 3} 1023.142
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 737.0442{col 29}{space 2} 157.5963{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 427.4131{col 70}{space 3} 1046.675
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1207.699{col 29}{space 2} 149.7321{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 913.5185{col 70}{space 3} 1501.879
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1105.231{col 29}{space 2}  162.212{col 40}{space 1}    6.81{col 49}{space 3}0.000{col 57}{space 4} 786.5315{col 70}{space 3} 1423.931
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1228.558{col 29}{space 2} 167.5395{col 40}{space 1}    7.33{col 49}{space 3}0.000{col 57}{space 4} 899.3917{col 70}{space 3} 1557.725
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 885.3995{col 29}{space 2} 178.6956{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 534.3143{col 70}{space 3} 1236.485
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 529.4022{col 29}{space 2} 179.9631{col 40}{space 1}    2.94{col 49}{space 3}0.003{col 57}{space 4} 175.8269{col 70}{space 3} 882.9775
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  982.321{col 29}{space 2} 173.6527{col 40}{space 1}    5.66{col 49}{space 3}0.000{col 57}{space 4} 641.1438{col 70}{space 3} 1323.498
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 847.0389{col 29}{space 2} 169.8902{col 40}{space 1}    4.99{col 49}{space 3}0.000{col 57}{space 4} 513.2538{col 70}{space 3} 1180.824
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  939.431{col 29}{space 2}  182.342{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 581.1818{col 70}{space 3}  1297.68
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}  1366.12{col 29}{space 2}  176.421{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 1019.504{col 70}{space 3} 1712.736
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1082.981{col 29}{space 2} 183.7871{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4}  721.893{col 70}{space 3}  1444.07
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1070.986{col 29}{space 2} 195.6342{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 686.6215{col 70}{space 3} 1455.351
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1002.645{col 29}{space 2} 198.8973{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 611.8693{col 70}{space 3}  1393.42
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1252.391{col 29}{space 2}  192.623{col 40}{space 1}    6.50{col 49}{space 3}0.000{col 57}{space 4} 873.9426{col 70}{space 3} 1630.839
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1220.013{col 29}{space 2} 200.4378{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 826.2106{col 70}{space 3} 1613.815
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1059.974{col 29}{space 2} 209.6218{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4}  648.128{col 70}{space 3}  1471.82
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 978.9434{col 29}{space 2} 213.6855{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 559.1133{col 70}{space 3} 1398.774
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1334.979{col 29}{space 2} 206.1354{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 929.9824{col 70}{space 3} 1739.975
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1078.903{col 29}{space 2} 214.4749{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 657.5221{col 70}{space 3} 1500.284
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1303.197{col 29}{space 2}   221.08{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 868.8387{col 70}{space 3} 1737.555
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1187.175{col 29}{space 2} 219.0087{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 756.8864{col 70}{space 3} 1617.464
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1235.506{col 29}{space 2} 225.1002{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 793.2492{col 70}{space 3} 1677.763
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1312.263{col 29}{space 2} 225.7274{col 40}{space 1}    5.81{col 49}{space 3}0.000{col 57}{space 4} 868.7741{col 70}{space 3} 1755.752
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1577.637{col 29}{space 2} 227.1992{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1131.257{col 70}{space 3} 2024.018
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1269.598{col 29}{space 2} 247.9788{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 782.3919{col 70}{space 3} 1756.805
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1453.646{col 29}{space 2} 260.7529{col 40}{space 1}    5.57{col 49}{space 3}0.000{col 57}{space 4} 941.3424{col 70}{space 3}  1965.95
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1425.939{col 29}{space 2} 268.6069{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 898.2044{col 70}{space 3} 1953.674
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1218.325{col 29}{space 2} 259.0347{col 40}{space 1}    4.70{col 49}{space 3}0.000{col 57}{space 4} 709.3972{col 70}{space 3} 1727.254
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  1274.25{col 29}{space 2} 268.0361{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4}  747.637{col 70}{space 3} 1800.864
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1501.721{col 29}{space 2}  285.066{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 941.6494{col 70}{space 3} 2061.794
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1408.641{col 29}{space 2} 283.0723{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4}  852.486{col 70}{space 3} 1964.796
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1725.184{col 29}{space 2} 302.6056{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 1130.652{col 70}{space 3} 2319.717
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1577.639{col 29}{space 2} 282.8074{col 40}{space 1}    5.58{col 49}{space 3}0.000{col 57}{space 4} 1022.004{col 70}{space 3} 2133.273
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1488.142{col 29}{space 2} 358.8324{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 783.1401{col 70}{space 3} 2193.143
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 766.9562{col 29}{space 2} 276.2778{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} 224.1503{col 70}{space 3} 1309.762
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1440.013{col 29}{space 2} 310.9737{col 40}{space 1}    4.63{col 49}{space 3}0.000{col 57}{space 4} 829.0402{col 70}{space 3} 2050.986
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 34.05095{col 29}{space 2} 122.3996{col 40}{space 1}    0.28{col 49}{space 3}0.781{col 57}{space 4}-206.4289{col 70}{space 3} 274.5308
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(74, 501)      = {res}    12.87
{txt}       Model {c |} {res}   22830417        74  308519.149   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12010688.8       501  23973.4308   {txt}R-squared       ={res}    0.6553
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6044
{txt}       Total {c |} {res} 34841105.9       575  60593.2276   {txt}Root MSE        =   {res} 154.83

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0911339{col 29}{space 2} .0195431{col 40}{space 1}   -4.66{col 49}{space 3}0.000{col 57}{space 4}-.1295304{col 70}{space 3}-.0527374
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.238319{col 29}{space 2} .5365273{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} .1841984{col 70}{space 3}  2.29244
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5761807{col 29}{space 2} 1.189914{col 40}{space 1}    0.48{col 49}{space 3}0.628{col 57}{space 4}-1.761655{col 70}{space 3} 2.914016
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-36.25107{col 29}{space 2} 28.44038{col 40}{space 1}   -1.27{col 49}{space 3}0.203{col 57}{space 4}-92.12818{col 70}{space 3} 19.62604
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-46.59127{col 29}{space 2} 33.69168{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-112.7857{col 70}{space 3} 19.60312
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 58.31136{col 29}{space 2}  28.6429{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 2.036361{col 70}{space 3} 114.5864
{txt}{space 12}28  {c |}{col 17}{res}{space 2}  -111.12{col 29}{space 2} 35.47527{col 40}{space 1}   -3.13{col 49}{space 3}0.002{col 57}{space 4}-180.8186{col 70}{space 3}-41.42136
{txt}{space 12}40  {c |}{col 17}{res}{space 2}  51.5424{col 29}{space 2} 32.44965{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-12.21177{col 70}{space 3} 115.2966
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -25.7594{col 29}{space 2} 28.15247{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-81.07085{col 70}{space 3} 29.55205
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 10.48363{col 29}{space 2} 34.20838{col 40}{space 1}    0.31{col 49}{space 3}0.759{col 57}{space 4}-56.72594{col 70}{space 3} 77.69319
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-70.66982{col 29}{space 2} 31.42706{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-132.4149{col 70}{space 3}-8.924762
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 485.8635{col 29}{space 2} 73.29012{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 341.8696{col 70}{space 3} 629.8573
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 215.2139{col 29}{space 2} 73.24374{col 40}{space 1}    2.94{col 49}{space 3}0.003{col 57}{space 4} 71.31121{col 70}{space 3} 359.1167
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 466.0228{col 29}{space 2} 73.20794{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 322.1904{col 70}{space 3} 609.8552
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 527.2465{col 29}{space 2} 73.06127{col 40}{space 1}    7.22{col 49}{space 3}0.000{col 57}{space 4} 383.7023{col 70}{space 3} 670.7908
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 525.9566{col 29}{space 2}  73.1294{col 40}{space 1}    7.19{col 49}{space 3}0.000{col 57}{space 4} 382.2785{col 70}{space 3} 669.6347
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  532.381{col 29}{space 2} 73.34228{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 388.2847{col 70}{space 3} 676.4774
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 286.4795{col 29}{space 2} 73.69108{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 141.6978{col 70}{space 3} 431.2611
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 690.9909{col 29}{space 2}  73.5447{col 40}{space 1}    9.40{col 49}{space 3}0.000{col 57}{space 4} 546.4968{col 70}{space 3} 835.4849
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 618.0947{col 29}{space 2} 74.52958{col 40}{space 1}    8.29{col 49}{space 3}0.000{col 57}{space 4} 471.6657{col 70}{space 3} 764.5237
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 457.3609{col 29}{space 2} 75.42224{col 40}{space 1}    6.06{col 49}{space 3}0.000{col 57}{space 4}  309.178{col 70}{space 3} 605.5437
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 466.3764{col 29}{space 2} 75.43079{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 318.1767{col 70}{space 3}  614.576
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 609.2857{col 29}{space 2}  76.3212{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 459.3366{col 70}{space 3} 759.2347
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}  446.856{col 29}{space 2} 77.31874{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4}  294.947{col 70}{space 3} 598.7649
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 603.7692{col 29}{space 2} 77.28211{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 451.9323{col 70}{space 3} 755.6062
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 632.2931{col 29}{space 2} 78.19755{col 40}{space 1}    8.09{col 49}{space 3}0.000{col 57}{space 4} 478.6576{col 70}{space 3} 785.9287
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 691.4465{col 29}{space 2}    79.26{col 40}{space 1}    8.72{col 49}{space 3}0.000{col 57}{space 4} 535.7235{col 70}{space 3} 847.1694
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 760.1857{col 29}{space 2} 80.61224{col 40}{space 1}    9.43{col 49}{space 3}0.000{col 57}{space 4}  601.806{col 70}{space 3} 918.5654
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 878.3411{col 29}{space 2} 82.88851{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 715.4892{col 70}{space 3} 1041.193
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 899.9685{col 29}{space 2}  86.4886{col 40}{space 1}   10.41{col 49}{space 3}0.000{col 57}{space 4} 730.0435{col 70}{space 3} 1069.894
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 864.4312{col 29}{space 2} 90.21067{col 40}{space 1}    9.58{col 49}{space 3}0.000{col 57}{space 4} 687.1933{col 70}{space 3} 1041.669
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 919.2666{col 29}{space 2}  92.4037{col 40}{space 1}    9.95{col 49}{space 3}0.000{col 57}{space 4} 737.7201{col 70}{space 3} 1100.813
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 871.8433{col 29}{space 2} 96.25428{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 682.7315{col 70}{space 3} 1060.955
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 830.1444{col 29}{space 2} 99.35189{col 40}{space 1}    8.36{col 49}{space 3}0.000{col 57}{space 4} 634.9467{col 70}{space 3} 1025.342
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 917.3469{col 29}{space 2} 102.0263{col 40}{space 1}    8.99{col 49}{space 3}0.000{col 57}{space 4} 716.8948{col 70}{space 3} 1117.799
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1191.589{col 29}{space 2} 105.8009{col 40}{space 1}   11.26{col 49}{space 3}0.000{col 57}{space 4} 983.7209{col 70}{space 3} 1399.457
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1219.73{col 29}{space 2} 112.9831{col 40}{space 1}   10.80{col 49}{space 3}0.000{col 57}{space 4}  997.751{col 70}{space 3} 1441.709
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 725.2141{col 29}{space 2} 120.2208{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 489.0151{col 70}{space 3} 961.4131
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 737.0442{col 29}{space 2} 120.3836{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 500.5252{col 70}{space 3} 973.5632
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1207.699{col 29}{space 2} 120.1196{col 40}{space 1}   10.05{col 49}{space 3}0.000{col 57}{space 4} 971.6984{col 70}{space 3} 1443.699
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1105.231{col 29}{space 2} 127.1484{col 40}{space 1}    8.69{col 49}{space 3}0.000{col 57}{space 4} 855.4215{col 70}{space 3} 1355.041
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1228.558{col 29}{space 2} 131.9386{col 40}{space 1}    9.31{col 49}{space 3}0.000{col 57}{space 4}  969.337{col 70}{space 3} 1487.779
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 885.3995{col 29}{space 2} 137.8398{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 614.5841{col 70}{space 3} 1156.215
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 529.4022{col 29}{space 2} 137.3652{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 259.5193{col 70}{space 3} 799.2851
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  982.321{col 29}{space 2} 131.5304{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4} 723.9018{col 70}{space 3}  1240.74
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 847.0389{col 29}{space 2} 133.7397{col 40}{space 1}    6.33{col 49}{space 3}0.000{col 57}{space 4} 584.2791{col 70}{space 3} 1109.799
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  939.431{col 29}{space 2} 133.6835{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 676.7816{col 70}{space 3}  1202.08
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}  1366.12{col 29}{space 2}  135.126{col 40}{space 1}   10.11{col 49}{space 3}0.000{col 57}{space 4} 1100.636{col 70}{space 3} 1631.603
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1082.981{col 29}{space 2} 142.9758{col 40}{space 1}    7.57{col 49}{space 3}0.000{col 57}{space 4} 802.0754{col 70}{space 3} 1363.887
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1070.986{col 29}{space 2} 145.1137{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 785.8798{col 70}{space 3} 1356.092
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1002.645{col 29}{space 2} 147.4875{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 712.8745{col 70}{space 3} 1292.415
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1252.391{col 29}{space 2} 148.4208{col 40}{space 1}    8.44{col 49}{space 3}0.000{col 57}{space 4} 960.7872{col 70}{space 3} 1543.995
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1220.013{col 29}{space 2} 153.8655{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 917.7118{col 70}{space 3} 1522.314
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1059.974{col 29}{space 2} 158.2407{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4}  749.077{col 70}{space 3} 1370.871
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 978.9434{col 29}{space 2} 159.3061{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4}  665.953{col 70}{space 3} 1291.934
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1334.979{col 29}{space 2}  158.907{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 1022.773{col 70}{space 3} 1647.185
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1078.903{col 29}{space 2} 164.7443{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 755.2285{col 70}{space 3} 1402.578
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1303.197{col 29}{space 2} 165.5558{col 40}{space 1}    7.87{col 49}{space 3}0.000{col 57}{space 4} 977.9278{col 70}{space 3} 1628.466
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1187.175{col 29}{space 2} 169.7999{col 40}{space 1}    6.99{col 49}{space 3}0.000{col 57}{space 4} 853.5675{col 70}{space 3} 1520.783
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1235.506{col 29}{space 2} 170.4645{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 900.5926{col 70}{space 3} 1570.419
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1312.263{col 29}{space 2} 173.5158{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4} 971.3549{col 70}{space 3} 1653.171
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1577.637{col 29}{space 2} 178.0628{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4} 1227.796{col 70}{space 3} 1927.479
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1269.598{col 29}{space 2} 186.9799{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4}  902.237{col 70}{space 3}  1636.96
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1453.646{col 29}{space 2} 189.5577{col 40}{space 1}    7.67{col 49}{space 3}0.000{col 57}{space 4}  1081.22{col 70}{space 3} 1826.072
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1425.939{col 29}{space 2} 194.9294{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4} 1042.959{col 70}{space 3} 1808.919
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1218.325{col 29}{space 2} 199.4396{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 826.4844{col 70}{space 3} 1610.166
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  1274.25{col 29}{space 2} 199.6873{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 881.9226{col 70}{space 3} 1666.578
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1501.721{col 29}{space 2} 200.8116{col 40}{space 1}    7.48{col 49}{space 3}0.000{col 57}{space 4} 1107.185{col 70}{space 3} 1896.258
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1408.641{col 29}{space 2}    206.1{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4} 1003.714{col 70}{space 3} 1813.568
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1725.184{col 29}{space 2} 209.3256{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4}  1313.92{col 70}{space 3} 2136.448
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1577.639{col 29}{space 2} 218.2911{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4}  1148.76{col 70}{space 3} 2006.517
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1488.142{col 29}{space 2} 223.7692{col 40}{space 1}    6.65{col 49}{space 3}0.000{col 57}{space 4}   1048.5{col 70}{space 3} 1927.783
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 766.9562{col 29}{space 2} 227.3199{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 320.3383{col 70}{space 3} 1213.574
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1440.013{col 29}{space 2} 217.2503{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 1013.179{col 70}{space 3} 1866.847
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 34.05095{col 29}{space 2}  94.9781{col 40}{space 1}    0.36{col 49}{space 3}0.720{col 57}{space 4}-152.5535{col 70}{space 3} 220.6554
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-3988.246{col 38}-3681.526{col 49}    75{col 58} 7513.052{col 69}  7839.76
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 74,       501){col 67}= {res}      3.64
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  -.08656{col 29}{space 2} .0212872{col 40}{space 1}   -4.07{col 49}{space 3}0.000{col 57}{space 4}-.1283832{col 70}{space 3}-.0447369
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018023{col 29}{space 2} .0008356{col 40}{space 1}    2.16{col 49}{space 3}0.031{col 57}{space 4} .0001606{col 70}{space 3} .0034441
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0008119{col 29}{space 2}  .001709{col 40}{space 1}    0.48{col 49}{space 3}0.635{col 57}{space 4}-.0025457{col 70}{space 3} .0041695
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .3199925{col 29}{space 2} .8749744{col 40}{space 1}    0.37{col 49}{space 3}0.715{col 57}{space 4}-1.399079{col 70}{space 3} 2.039064
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.281887{col 29}{space 2} .9800215{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} .3564283{col 70}{space 3} 4.207345
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5055188{col 29}{space 2}  .752156{col 40}{space 1}   -0.67{col 49}{space 3}0.502{col 57}{space 4}-1.983287{col 70}{space 3} .9722499
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.330068{col 29}{space 2} 1.215533{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4} -.058101{col 70}{space 3} 4.718238
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.0804899{col 29}{space 2} 1.043169{col 40}{space 1}   -0.08{col 49}{space 3}0.939{col 57}{space 4}-2.130014{col 70}{space 3} 1.969034
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.161493{col 29}{space 2}  .799607{col 40}{space 1}    1.45{col 49}{space 3}0.147{col 57}{space 4}-.4095036{col 70}{space 3} 2.732489
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.833974{col 29}{space 2} 1.356054{col 40}{space 1}    1.35{col 49}{space 3}0.177{col 57}{space 4}-.8302792{col 70}{space 3} 4.498227
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.210299{col 29}{space 2} 1.088441{col 40}{space 1}    1.11{col 49}{space 3}0.267{col 57}{space 4}-.9281724{col 70}{space 3}  3.34877
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.070737{col 29}{space 2} 2.123628{col 40}{space 1}   -0.50{col 49}{space 3}0.614{col 57}{space 4}-5.243052{col 70}{space 3} 3.101577
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.716941{col 29}{space 2} 4.217418{col 40}{space 1}   -1.12{col 49}{space 3}0.264{col 57}{space 4}-13.00295{col 70}{space 3} 3.569063
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.388409{col 29}{space 2} 3.164312{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-9.605365{col 70}{space 3} 2.828547
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-1.036317{col 29}{space 2} 2.324915{col 40}{space 1}   -0.45{col 49}{space 3}0.656{col 57}{space 4}-5.604101{col 70}{space 3} 3.531468
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.137667{col 29}{space 2} 2.443803{col 40}{space 1}   -0.47{col 49}{space 3}0.642{col 57}{space 4}-5.939033{col 70}{space 3} 3.663698
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .0366026{col 29}{space 2} 2.482846{col 40}{space 1}    0.01{col 49}{space 3}0.988{col 57}{space 4}-4.841471{col 70}{space 3} 4.914676
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -2.90028{col 29}{space 2} 2.469524{col 40}{space 1}   -1.17{col 49}{space 3}0.241{col 57}{space 4}-7.752178{col 70}{space 3} 1.951619
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.653853{col 29}{space 2} 3.056584{col 40}{space 1}   -1.20{col 49}{space 3}0.232{col 57}{space 4}-9.659156{col 70}{space 3}  2.35145
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.886437{col 29}{space 2} 2.653159{col 40}{space 1}   -1.09{col 49}{space 3}0.277{col 57}{space 4}-8.099125{col 70}{space 3} 2.326252
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.0396499{col 29}{space 2} 3.677427{col 40}{space 1}   -0.01{col 49}{space 3}0.991{col 57}{space 4}-7.264728{col 70}{space 3} 7.185428
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-2.369162{col 29}{space 2} 2.672673{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4} -7.62019{col 70}{space 3} 2.881865
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.347931{col 29}{space 2} 4.547035{col 40}{space 1}   -2.06{col 49}{space 3}0.040{col 57}{space 4}-18.28154{col 70}{space 3}-.4143243
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-4.718944{col 29}{space 2} 2.775986{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-10.17295{col 70}{space 3} .7350648
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-2.845129{col 29}{space 2} 3.068238{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-8.873328{col 70}{space 3}  3.18307
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.202915{col 29}{space 2}  3.09827{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-9.290117{col 70}{space 3} 2.884288
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.095139{col 29}{space 2} 3.524441{col 40}{space 1}   -0.31{col 49}{space 3}0.756{col 57}{space 4}-8.019645{col 70}{space 3} 5.829366
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-1.876067{col 29}{space 2} 4.046425{col 40}{space 1}   -0.46{col 49}{space 3}0.643{col 57}{space 4} -9.82612{col 70}{space 3} 6.073987
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.128657{col 29}{space 2} 4.590509{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-15.14768{col 70}{space 3} 2.890364
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-4.912686{col 29}{space 2} 3.740916{col 40}{space 1}   -1.31{col 49}{space 3}0.190{col 57}{space 4} -12.2625{col 70}{space 3}  2.43713
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.309507{col 29}{space 2}  5.44984{col 40}{space 1}    0.61{col 49}{space 3}0.544{col 57}{space 4}-7.397849{col 70}{space 3} 14.01686
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.831942{col 29}{space 2} 4.303323{col 40}{space 1}   -1.36{col 49}{space 3}0.176{col 57}{space 4}-14.28673{col 70}{space 3} 2.622842
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-3.808917{col 29}{space 2} 6.002452{col 40}{space 1}   -0.63{col 49}{space 3}0.526{col 57}{space 4}  -15.602{col 70}{space 3} 7.984163
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-7.172419{col 29}{space 2} 4.434203{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-15.88434{col 70}{space 3} 1.539505
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-8.433942{col 29}{space 2} 4.510889{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-17.29653{col 70}{space 3} .4286482
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-9.293867{col 29}{space 2} 5.145643{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-19.40356{col 70}{space 3} .8158303
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-5.630171{col 29}{space 2} 5.520197{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-16.47576{col 70}{space 3} 5.215418
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-10.07775{col 29}{space 2} 5.273864{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-20.43936{col 70}{space 3} .2838682
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-15.29043{col 29}{space 2} 6.056854{col 40}{space 1}   -2.52{col 49}{space 3}0.012{col 57}{space 4}-27.19039{col 70}{space 3}-3.390467
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-10.19562{col 29}{space 2} 5.471506{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-20.94555{col 70}{space 3} .5543013
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-12.19063{col 29}{space 2} 5.745448{col 40}{space 1}   -2.12{col 49}{space 3}0.034{col 57}{space 4}-23.47877{col 70}{space 3}-.9024904
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-11.22588{col 29}{space 2} 5.960947{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-22.93742{col 70}{space 3} .4856516
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-6.848812{col 29}{space 2} 6.697702{col 40}{space 1}   -1.02{col 49}{space 3}0.307{col 57}{space 4}-20.00786{col 70}{space 3} 6.310232
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-10.14328{col 29}{space 2} 5.698855{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-21.33988{col 70}{space 3} 1.053318
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-9.475506{col 29}{space 2} 5.896025{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-21.05949{col 70}{space 3} 2.108474
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-10.75606{col 29}{space 2} 5.756876{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-22.06666{col 70}{space 3} .5545307
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-11.07265{col 29}{space 2} 6.567798{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-23.97647{col 70}{space 3} 1.831165
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-11.19895{col 29}{space 2} 6.201028{col 40}{space 1}   -1.81{col 49}{space 3}0.072{col 57}{space 4}-23.38218{col 70}{space 3} .9842703
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-4.053913{col 29}{space 2} 6.691289{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-17.20036{col 70}{space 3} 9.092532
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.92197{col 29}{space 2} 6.329511{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-24.35762{col 70}{space 3} .5136881
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.150864{col 29}{space 2} 6.937528{col 40}{space 1}   -1.17{col 49}{space 3}0.241{col 57}{space 4} -21.7811{col 70}{space 3} 5.479369
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.66291{col 29}{space 2} 6.594968{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-24.62011{col 70}{space 3} 1.294293
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-11.94069{col 29}{space 2} 7.107565{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-25.90499{col 70}{space 3} 2.023621
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-11.78858{col 29}{space 2} 6.930195{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-25.40441{col 70}{space 3} 1.827245
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.43714{col 29}{space 2} 7.365186{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4} -24.9076{col 70}{space 3} 4.033319
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-12.16251{col 29}{space 2} 7.130172{col 40}{space 1}   -1.71{col 49}{space 3}0.089{col 57}{space 4}-26.17123{col 70}{space 3} 1.846213
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.89892{col 29}{space 2} 7.258972{col 40}{space 1}   -1.50{col 49}{space 3}0.134{col 57}{space 4} -25.1607{col 70}{space 3} 3.362854
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-12.04704{col 29}{space 2} 7.368792{col 40}{space 1}   -1.63{col 49}{space 3}0.103{col 57}{space 4}-26.52459{col 70}{space 3} 2.430499
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-.2643469{col 29}{space 2}  7.40838{col 40}{space 1}   -0.04{col 49}{space 3}0.972{col 57}{space 4}-14.81967{col 70}{space 3} 14.29097
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-8.381202{col 29}{space 2} 8.044054{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-24.18544{col 70}{space 3} 7.423035
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-12.20789{col 29}{space 2} 7.258759{col 40}{space 1}   -1.68{col 49}{space 3}0.093{col 57}{space 4}-26.46925{col 70}{space 3} 2.053466
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-13.53734{col 29}{space 2} 7.906525{col 40}{space 1}   -1.71{col 49}{space 3}0.087{col 57}{space 4}-29.07137{col 70}{space 3} 1.996692
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-14.01199{col 29}{space 2} 8.584488{col 40}{space 1}   -1.63{col 49}{space 3}0.103{col 57}{space 4}-30.87802{col 70}{space 3} 2.854043
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-13.82232{col 29}{space 2} 8.179439{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-29.89255{col 70}{space 3} 2.247904
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-11.46888{col 29}{space 2} 8.900783{col 40}{space 1}   -1.29{col 49}{space 3}0.198{col 57}{space 4}-28.95635{col 70}{space 3} 6.018576
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-15.26074{col 29}{space 2} 8.647462{col 40}{space 1}   -1.76{col 49}{space 3}0.078{col 57}{space 4}-32.25049{col 70}{space 3} 1.729023
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -10.2091{col 29}{space 2} 8.647444{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-27.19882{col 70}{space 3} 6.780626
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-14.08061{col 29}{space 2} 8.772699{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-31.31642{col 70}{space 3}   3.1552
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-11.83886{col 29}{space 2}  9.35598{col 40}{space 1}   -1.27{col 49}{space 3}0.206{col 57}{space 4}-30.22065{col 70}{space 3} 6.542926
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-15.58508{col 29}{space 2} 9.373642{col 40}{space 1}   -1.66{col 49}{space 3}0.097{col 57}{space 4}-34.00157{col 70}{space 3} 2.831408
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -16.0018{col 29}{space 2}  9.74613{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-35.15012{col 70}{space 3} 3.146526
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-16.53679{col 29}{space 2} 9.741559{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-35.67613{col 70}{space 3} 2.602554
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.09167{col 29}{space 2} 9.539186{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-36.83341{col 70}{space 3} .6500676
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-15.77755{col 29}{space 2} 9.912868{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-35.25346{col 70}{space 3} 3.698362
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.394874{col 29}{space 2} 3.685866{col 40}{space 1}   -1.46{col 49}{space 3}0.144{col 57}{space 4}-12.63653{col 70}{space 3} 1.846785
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       576
{txt}{hline 13}{c +}{hline 34}   F(74, 501)      = {res}     2.38
{txt}       Model {c |} {res} 5950.59286        74  80.4134171   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 16923.7319       501  33.7799039   {txt}R-squared       ={res}    0.2601
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1509
{txt}       Total {c |} {res} 22874.3247       575  39.7814343   {txt}Root MSE        =   {res}  5.812

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  -.08656{col 29}{space 2} .0198739{col 40}{space 1}   -4.36{col 49}{space 3}0.000{col 57}{space 4}-.1256064{col 70}{space 3}-.0475136
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018023{col 29}{space 2}  .000745{col 40}{space 1}    2.42{col 49}{space 3}0.016{col 57}{space 4} .0003386{col 70}{space 3} .0032661
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0008119{col 29}{space 2} .0016767{col 40}{space 1}    0.48{col 49}{space 3}0.628{col 57}{space 4}-.0024823{col 70}{space 3}  .004106
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .3199925{col 29}{space 2} 1.069212{col 40}{space 1}    0.30{col 49}{space 3}0.765{col 57}{space 4}-1.780699{col 70}{space 3} 2.420684
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.281887{col 29}{space 2} 1.263001{col 40}{space 1}    1.81{col 49}{space 3}0.071{col 57}{space 4}-.1995453{col 70}{space 3} 4.763319
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5055188{col 29}{space 2} 1.079382{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-2.626191{col 70}{space 3} 1.615153
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.330068{col 29}{space 2} 1.340589{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-.3038016{col 70}{space 3} 4.963938
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.0804899{col 29}{space 2} 1.221133{col 40}{space 1}   -0.07{col 49}{space 3}0.947{col 57}{space 4}-2.479663{col 70}{space 3} 2.318683
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.161493{col 29}{space 2} 1.056379{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-.9139867{col 70}{space 3} 3.236972
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.833974{col 29}{space 2} 1.281597{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-.6839938{col 70}{space 3} 4.351942
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.210299{col 29}{space 2} 1.184394{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-1.116693{col 70}{space 3} 3.537291
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.070737{col 29}{space 2}  2.86885{col 40}{space 1}   -0.37{col 49}{space 3}0.709{col 57}{space 4}-6.707196{col 70}{space 3} 4.565721
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.716941{col 29}{space 2} 2.764948{col 40}{space 1}   -1.71{col 49}{space 3}0.089{col 57}{space 4}-10.14926{col 70}{space 3} .7153815
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.388409{col 29}{space 2} 2.852996{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-8.993721{col 70}{space 3} 2.216902
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-1.036317{col 29}{space 2} 2.881174{col 40}{space 1}   -0.36{col 49}{space 3}0.719{col 57}{space 4} -6.69699{col 70}{space 3} 4.624356
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.137667{col 29}{space 2}  2.88287{col 40}{space 1}   -0.39{col 49}{space 3}0.693{col 57}{space 4}-6.801671{col 70}{space 3} 4.526337
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .0366026{col 29}{space 2} 2.894232{col 40}{space 1}    0.01{col 49}{space 3}0.990{col 57}{space 4}-5.649725{col 70}{space 3}  5.72293
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -2.90028{col 29}{space 2} 2.804592{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4} -8.41049{col 70}{space 3} 2.609931
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.653853{col 29}{space 2} 2.989575{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-9.527502{col 70}{space 3} 2.219797
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.886437{col 29}{space 2} 2.980718{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-8.742684{col 70}{space 3} 2.969811
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.0396499{col 29}{space 2} 2.933214{col 40}{space 1}   -0.01{col 49}{space 3}0.989{col 57}{space 4}-5.802566{col 70}{space 3} 5.723266
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-2.369162{col 29}{space 2} 2.935606{col 40}{space 1}   -0.81{col 49}{space 3}0.420{col 57}{space 4}-8.136778{col 70}{space 3} 3.398453
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-9.347931{col 29}{space 2} 3.012856{col 40}{space 1}   -3.10{col 49}{space 3}0.002{col 57}{space 4}-15.26732{col 70}{space 3}-3.428541
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-4.718944{col 29}{space 2} 2.990109{col 40}{space 1}   -1.58{col 49}{space 3}0.115{col 57}{space 4}-10.59364{col 70}{space 3} 1.155754
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-2.845129{col 29}{space 2} 3.069971{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-8.876732{col 70}{space 3} 3.186474
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.202915{col 29}{space 2}  3.11771{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-9.328312{col 70}{space 3} 2.922482
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.095139{col 29}{space 2} 3.192828{col 40}{space 1}   -0.34{col 49}{space 3}0.732{col 57}{space 4}-7.368121{col 70}{space 3} 5.177842
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-1.876067{col 29}{space 2} 3.282495{col 40}{space 1}   -0.57{col 49}{space 3}0.568{col 57}{space 4}-8.325219{col 70}{space 3} 4.573086
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.128657{col 29}{space 2}  3.43158{col 40}{space 1}   -1.79{col 49}{space 3}0.075{col 57}{space 4}-12.87072{col 70}{space 3} .6134033
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-4.912686{col 29}{space 2} 3.573502{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-11.93358{col 70}{space 3} 2.108209
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.309507{col 29}{space 2}  3.68057{col 40}{space 1}    0.90{col 49}{space 3}0.369{col 57}{space 4}-3.921746{col 70}{space 3} 10.54076
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.831942{col 29}{space 2} 3.786813{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-13.27193{col 70}{space 3} 1.608049
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-3.808917{col 29}{space 2} 3.894045{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-11.45959{col 70}{space 3} 3.841754
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-7.172419{col 29}{space 2} 3.967874{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-14.96814{col 70}{space 3} .6233034
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-8.433942{col 29}{space 2}  4.11001{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-16.50892{col 70}{space 3}-.3589623
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-9.293867{col 29}{space 2}  4.42648{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-17.99062{col 70}{space 3}-.5971156
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-5.630171{col 29}{space 2} 4.701898{col 40}{space 1}   -1.20{col 49}{space 3}0.232{col 57}{space 4}-14.86804{col 70}{space 3} 3.607697
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-10.07775{col 29}{space 2} 4.652054{col 40}{space 1}   -2.17{col 49}{space 3}0.031{col 57}{space 4}-19.21769{col 70}{space 3}-.9378084
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-15.29043{col 29}{space 2} 4.634817{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4} -24.3965{col 70}{space 3}-6.184358
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-10.19562{col 29}{space 2} 4.921942{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-19.86581{col 70}{space 3} -.525433
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-12.19063{col 29}{space 2} 5.091042{col 40}{space 1}   -2.39{col 49}{space 3}0.017{col 57}{space 4}-22.19305{col 70}{space 3}-2.188207
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-11.22588{col 29}{space 2} 5.340605{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-21.71862{col 70}{space 3}-.7331406
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-6.848812{col 29}{space 2} 5.374289{col 40}{space 1}   -1.27{col 49}{space 3}0.203{col 57}{space 4}-17.40773{col 70}{space 3} 3.710109
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-10.14328{col 29}{space 2} 5.212547{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-20.38443{col 70}{space 3} .0978643
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-9.475506{col 29}{space 2} 5.187653{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-19.66774{col 70}{space 3} .7167286
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-10.75606{col 29}{space 2} 5.195169{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-20.96307{col 70}{space 3}-.5490613
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-11.07265{col 29}{space 2} 5.236317{col 40}{space 1}   -2.11{col 49}{space 3}0.035{col 57}{space 4} -21.3605{col 70}{space 3}-.7848078
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-11.19895{col 29}{space 2} 5.543155{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-22.08965{col 70}{space 3}-.3082584
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-4.053913{col 29}{space 2} 5.663025{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-15.18012{col 70}{space 3}  7.07229
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.92197{col 29}{space 2} 5.710877{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4}-23.14219{col 70}{space 3}-.7017483
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.150864{col 29}{space 2} 5.774545{col 40}{space 1}   -1.41{col 49}{space 3}0.159{col 57}{space 4}-19.49617{col 70}{space 3} 3.194443
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.66291{col 29}{space 2} 5.931234{col 40}{space 1}   -1.97{col 49}{space 3}0.050{col 57}{space 4}-23.31606{col 70}{space 3}-.0097529
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-11.94069{col 29}{space 2} 6.104132{col 40}{space 1}   -1.96{col 49}{space 3}0.051{col 57}{space 4}-23.93354{col 70}{space 3} .0521667
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-11.78858{col 29}{space 2} 6.177825{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-23.92622{col 70}{space 3} .3490559
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.43714{col 29}{space 2} 6.183648{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-22.58622{col 70}{space 3} 1.711938
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-12.16251{col 29}{space 2}  6.34805{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-24.63459{col 70}{space 3} .3095706
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.89892{col 29}{space 2} 6.424908{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-23.52201{col 70}{space 3}  1.72416
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-12.04704{col 29}{space 2}  6.56561{col 40}{space 1}   -1.83{col 49}{space 3}0.067{col 57}{space 4}-24.94656{col 70}{space 3} .8524784
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-.2643469{col 29}{space 2} 6.677548{col 40}{space 1}   -0.04{col 49}{space 3}0.968{col 57}{space 4}-13.38379{col 70}{space 3}  12.8551
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-8.381202{col 29}{space 2} 6.715468{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-21.57515{col 70}{space 3} 4.812749
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-12.20789{col 29}{space 2} 6.853407{col 40}{space 1}   -1.78{col 49}{space 3}0.075{col 57}{space 4}-25.67285{col 70}{space 3} 1.257068
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-13.53734{col 29}{space 2} 7.163123{col 40}{space 1}   -1.89{col 49}{space 3}0.059{col 57}{space 4} -27.6108{col 70}{space 3} .5361227
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-14.01199{col 29}{space 2} 7.307818{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-28.36973{col 70}{space 3} .3457552
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-13.82232{col 29}{space 2} 7.496137{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-28.55006{col 70}{space 3} .9054142
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-11.46888{col 29}{space 2} 7.680929{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4}-26.55969{col 70}{space 3} 3.621916
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-15.26074{col 29}{space 2} 7.730238{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4}-30.44841{col 70}{space 3}-.0730565
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -10.2091{col 29}{space 2} 7.781051{col 40}{space 1}   -1.31{col 49}{space 3}0.190{col 57}{space 4}-25.49661{col 70}{space 3} 5.078416
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-14.08061{col 29}{space 2} 7.922594{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-29.64621{col 70}{space 3} 1.484991
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-11.83886{col 29}{space 2} 8.071788{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-27.69759{col 70}{space 3}  4.01986
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-15.58508{col 29}{space 2} 8.344264{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-31.97914{col 70}{space 3} .8089792
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -16.0018{col 29}{space 2} 8.580905{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-32.86079{col 70}{space 3} .8571974
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-16.53679{col 29}{space 2} 8.731423{col 40}{space 1}   -1.89{col 49}{space 3}0.059{col 57}{space 4} -33.6915{col 70}{space 3} .6179305
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.09167{col 29}{space 2} 8.591456{col 40}{space 1}   -2.11{col 49}{space 3}0.036{col 57}{space 4}-34.97139{col 70}{space 3}-1.211948
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-15.77755{col 29}{space 2} 8.475814{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-32.43007{col 70}{space 3} .8749671
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.394874{col 29}{space 2} 3.557532{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-12.38439{col 70}{space 3} 1.594646
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-1877.627{col 38}-1790.854{col 49}    75{col 58} 3731.707{col 69} 4058.415
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   494) ={res}    2.55
{txt}{col 13}Prob > F ={res}    0.0193
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   494) ={res}    1.49
{txt}{col 13}Prob > F ={res}    0.1792
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.F: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       504){col 67}= {res}     38.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1203076{col 29}{space 2} .0307253{col 40}{space 1}   -3.92{col 49}{space 3}0.000{col 57}{space 4}-.1806732{col 70}{space 3}-.0599421
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.890255{col 29}{space 2} .6332182{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4} .6461829{col 70}{space 3} 3.134328
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1145581{col 29}{space 2} .1123197{col 40}{space 1}    1.02{col 49}{space 3}0.308{col 57}{space 4}-.1061143{col 70}{space 3} .3352306
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1734049{col 29}{space 2} 1.246841{col 40}{space 1}    0.14{col 49}{space 3}0.889{col 57}{space 4}-2.276242{col 70}{space 3} 2.623051
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1455908{col 29}{space 2}  .084018{col 40}{space 1}    1.73{col 49}{space 3}0.084{col 57}{space 4}-.0194779{col 70}{space 3} .3106595
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.190547{col 29}{space 2} 1.255082{col 40}{space 1}   -1.75{col 49}{space 3}0.082{col 57}{space 4}-4.656384{col 70}{space 3} .2752903
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0658238{col 29}{space 2} .0606822{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4} -.185045{col 70}{space 3} .0533975
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-2.206496{col 29}{space 2} 1.188035{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-4.540607{col 70}{space 3} .1276161
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-43.13205{col 29}{space 2} 17.97002{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-78.43742{col 70}{space 3}-7.826682
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-65.80628{col 29}{space 2} 29.44723{col 40}{space 1}   -2.23{col 49}{space 3}0.026{col 57}{space 4}-123.6607{col 70}{space 3}-7.951843
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.42308{col 29}{space 2} 32.56611{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 2.441026{col 70}{space 3} 130.4051
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-139.6561{col 29}{space 2} 39.34119{col 40}{space 1}   -3.55{col 49}{space 3}0.000{col 57}{space 4} -216.949{col 70}{space 3}-62.36314
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 58.78885{col 29}{space 2} 34.02461{col 40}{space 1}    1.73{col 49}{space 3}0.085{col 57}{space 4}  -8.0587{col 70}{space 3} 125.6364
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-27.64221{col 29}{space 2} 23.93548{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-74.66781{col 70}{space 3}  19.3834
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .1821421{col 29}{space 2}  31.6346{col 40}{space 1}    0.01{col 49}{space 3}0.995{col 57}{space 4}-61.96979{col 70}{space 3} 62.33408
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-90.93898{col 29}{space 2}  26.7248{col 40}{space 1}   -3.40{col 49}{space 3}0.001{col 57}{space 4}-143.4447{col 70}{space 3}-38.43324
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 125.2284{col 29}{space 2} 94.55403{col 40}{space 1}    1.32{col 49}{space 3}0.186{col 57}{space 4}-60.54016{col 70}{space 3}  310.997
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 639.3394{col 29}{space 2} 87.20856{col 40}{space 1}    7.33{col 49}{space 3}0.000{col 57}{space 4} 468.0023{col 70}{space 3} 810.6765
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 271.6152{col 29}{space 2} 117.5339{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 40.69854{col 70}{space 3} 502.5319
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 474.9421{col 29}{space 2} 90.58405{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 296.9732{col 70}{space 3} 652.9109
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 586.2545{col 29}{space 2} 80.94686{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 427.2196{col 70}{space 3} 745.2893
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 538.8862{col 29}{space 2}  73.8532{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 393.7882{col 70}{space 3} 683.9843
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 569.7626{col 29}{space 2} 72.95855{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 426.4222{col 70}{space 3} 713.1029
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 336.5461{col 29}{space 2} 71.96404{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 195.1596{col 70}{space 3} 477.9325
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 765.2271{col 29}{space 2} 79.92111{col 40}{space 1}    9.57{col 49}{space 3}0.000{col 57}{space 4} 608.2075{col 70}{space 3} 922.2467
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 685.7317{col 29}{space 2} 100.3457{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4} 488.5843{col 70}{space 3} 882.8791
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 469.3708{col 29}{space 2} 80.65145{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 310.9163{col 70}{space 3} 627.8252
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 548.9686{col 29}{space 2} 87.66262{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 376.7394{col 70}{space 3} 721.1978
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 709.8474{col 29}{space 2} 80.89277{col 40}{space 1}    8.78{col 49}{space 3}0.000{col 57}{space 4} 550.9188{col 70}{space 3} 868.7759
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}  510.079{col 29}{space 2} 88.82845{col 40}{space 1}    5.74{col 49}{space 3}0.000{col 57}{space 4} 335.5594{col 70}{space 3} 684.5987
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 666.9221{col 29}{space 2} 85.28783{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 499.3587{col 70}{space 3} 834.4856
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 733.2241{col 29}{space 2} 91.22593{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 553.9941{col 70}{space 3}  912.454
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 765.1749{col 29}{space 2} 89.61881{col 40}{space 1}    8.54{col 49}{space 3}0.000{col 57}{space 4} 589.1024{col 70}{space 3} 941.2474
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 845.4336{col 29}{space 2} 93.56613{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4} 661.6059{col 70}{space 3} 1029.261
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 960.2422{col 29}{space 2}  97.5367{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 768.6136{col 70}{space 3} 1151.871
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 968.6238{col 29}{space 2}  109.242{col 40}{space 1}    8.87{col 49}{space 3}0.000{col 57}{space 4} 753.9979{col 70}{space 3}  1183.25
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 933.1305{col 29}{space 2} 107.5331{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 721.8621{col 70}{space 3} 1144.399
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1025.017{col 29}{space 2} 112.5172{col 40}{space 1}    9.11{col 49}{space 3}0.000{col 57}{space 4}  803.956{col 70}{space 3} 1246.077
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 990.9676{col 29}{space 2} 130.6617{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4}  734.259{col 70}{space 3} 1247.676
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 937.9188{col 29}{space 2}  128.573{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 685.3137{col 70}{space 3} 1190.524
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  1049.74{col 29}{space 2} 130.3938{col 40}{space 1}    8.05{col 49}{space 3}0.000{col 57}{space 4} 793.5571{col 70}{space 3} 1305.922
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1319.797{col 29}{space 2} 144.5812{col 40}{space 1}    9.13{col 49}{space 3}0.000{col 57}{space 4} 1035.741{col 70}{space 3} 1603.854
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1320.805{col 29}{space 2} 169.5361{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 987.7203{col 70}{space 3} 1653.889
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 817.0169{col 29}{space 2} 171.6205{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 479.8373{col 70}{space 3} 1154.197
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 907.4117{col 29}{space 2} 164.2464{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 584.7197{col 70}{space 3} 1230.104
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1438.369{col 29}{space 2} 176.5149{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4} 1091.573{col 70}{space 3} 1785.164
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1258.813{col 29}{space 2} 207.2146{col 40}{space 1}    6.07{col 49}{space 3}0.000{col 57}{space 4} 851.7023{col 70}{space 3} 1665.924
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1351.378{col 29}{space 2} 186.6914{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4}  984.589{col 70}{space 3} 1718.168
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1062.923{col 29}{space 2} 207.7011{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4}  654.856{col 70}{space 3} 1470.989
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 736.2605{col 29}{space 2} 202.3531{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4}  338.701{col 70}{space 3}  1133.82
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1281.958{col 29}{space 2} 205.0672{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 879.0661{col 70}{space 3}  1684.85
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1112.627{col 29}{space 2} 223.7921{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4}  672.947{col 70}{space 3} 1552.308
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1125.809{col 29}{space 2} 209.6927{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 713.8295{col 70}{space 3} 1537.789
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1594.878{col 29}{space 2} 203.5222{col 40}{space 1}    7.84{col 49}{space 3}0.000{col 57}{space 4} 1195.021{col 70}{space 3} 1994.734
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1258.711{col 29}{space 2} 225.3441{col 40}{space 1}    5.59{col 49}{space 3}0.000{col 57}{space 4} 815.9817{col 70}{space 3} 1701.441
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1243.793{col 29}{space 2} 201.3047{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 848.2935{col 70}{space 3} 1639.293
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1258.516{col 29}{space 2} 213.3167{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 839.4164{col 70}{space 3} 1677.615
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1488.628{col 29}{space 2} 214.4249{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1067.351{col 70}{space 3} 1909.905
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1448.969{col 29}{space 2}  237.166{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 983.0127{col 70}{space 3} 1914.924
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1255.256{col 29}{space 2} 234.1503{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4}  795.225{col 70}{space 3} 1715.287
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1224.008{col 29}{space 2} 230.3492{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 771.4454{col 70}{space 3} 1676.571
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1614.106{col 29}{space 2} 230.4545{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 1161.336{col 70}{space 3} 2066.876
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1327.339{col 29}{space 2}  256.811{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4} 822.7874{col 70}{space 3} 1831.891
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1526.484{col 29}{space 2} 242.0981{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 1050.838{col 70}{space 3}  2002.13
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1464.187{col 29}{space 2} 253.2096{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 966.7104{col 70}{space 3} 1961.663
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1493.206{col 29}{space 2} 252.1873{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 997.7387{col 70}{space 3} 1988.674
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1607.166{col 29}{space 2} 258.1137{col 40}{space 1}    6.23{col 49}{space 3}0.000{col 57}{space 4} 1100.055{col 70}{space 3} 2114.278
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1828.868{col 29}{space 2} 252.8841{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1332.031{col 70}{space 3} 2325.704
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1491.999{col 29}{space 2} 281.8671{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 938.2201{col 70}{space 3} 2045.779
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1688.781{col 29}{space 2} 274.0577{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 1150.344{col 70}{space 3} 2227.217
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1720.665{col 29}{space 2} 302.0124{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 1127.306{col 70}{space 3} 2314.023
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1482.591{col 29}{space 2} 286.2432{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4}  920.214{col 70}{space 3} 2044.968
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1585.285{col 29}{space 2} 286.2729{col 40}{space 1}    5.54{col 49}{space 3}0.000{col 57}{space 4}  1022.85{col 70}{space 3}  2147.72
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1837.177{col 29}{space 2} 317.0047{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 1214.364{col 70}{space 3} 2459.991
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1707.833{col 29}{space 2} 323.9272{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 1071.419{col 70}{space 3} 2344.247
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2008.241{col 29}{space 2} 341.4629{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 1337.375{col 70}{space 3} 2679.107
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}  1870.98{col 29}{space 2} 330.4309{col 40}{space 1}    5.66{col 49}{space 3}0.000{col 57}{space 4} 1221.788{col 70}{space 3} 2520.172
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1753.458{col 29}{space 2} 371.9439{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 1022.707{col 70}{space 3}  2484.21
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1098.455{col 29}{space 2} 323.0126{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 463.8381{col 70}{space 3} 1733.072
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  1841.93{col 29}{space 2} 326.6446{col 40}{space 1}    5.64{col 49}{space 3}0.000{col 57}{space 4} 1200.177{col 70}{space 3} 2483.683
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 84.96499{col 29}{space 2} 129.6789{col 40}{space 1}    0.66{col 49}{space 3}0.513{col 57}{space 4}-169.8128{col 70}{space 3} 339.7428
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       585
{txt}{hline 13}{c +}{hline 34}   F(80, 504)      = {res}    14.10
{txt}       Model {c |} {res} 26303431.1        80  328792.889   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 11755479.7       504  23324.3645   {txt}R-squared       ={res}    0.6911
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6421
{txt}       Total {c |} {res} 38058910.8       584  65169.3678   {txt}Root MSE        =   {res} 152.72

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1203076{col 29}{space 2} .0217501{col 40}{space 1}   -5.53{col 49}{space 3}0.000{col 57}{space 4}-.1630397{col 70}{space 3}-.0775755
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.890255{col 29}{space 2} .5493165{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4}  .811023{col 70}{space 3} 2.969488
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1145581{col 29}{space 2} .0441301{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} .0278566{col 70}{space 3} .2012597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1734049{col 29}{space 2} 1.181395{col 40}{space 1}    0.15{col 49}{space 3}0.883{col 57}{space 4} -2.14766{col 70}{space 3}  2.49447
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1455908{col 29}{space 2} .0479067{col 40}{space 1}    3.04{col 49}{space 3}0.002{col 57}{space 4} .0514693{col 70}{space 3} .2397123
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.190547{col 29}{space 2} 1.260501{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4} -4.66703{col 70}{space 3} .2859368
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0658238{col 29}{space 2} .0496882{col 40}{space 1}   -1.32{col 49}{space 3}0.186{col 57}{space 4}-.1634452{col 70}{space 3} .0317977
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-2.206496{col 29}{space 2} 1.234072{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-4.631054{col 70}{space 3}  .218063
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-43.13205{col 29}{space 2} 28.10608{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-98.35156{col 70}{space 3} 12.08746
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-65.80628{col 29}{space 2} 33.88353{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-132.3766{col 70}{space 3} .7640856
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.42308{col 29}{space 2} 28.26347{col 40}{space 1}    2.35{col 49}{space 3}0.019{col 57}{space 4} 10.89436{col 70}{space 3} 121.9518
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-139.6561{col 29}{space 2} 36.34753{col 40}{space 1}   -3.84{col 49}{space 3}0.000{col 57}{space 4}-211.0674{col 70}{space 3}-68.24473
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 58.78885{col 29}{space 2} 32.61392{col 40}{space 1}    1.80{col 49}{space 3}0.072{col 57}{space 4}-5.287134{col 70}{space 3} 122.8648
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-27.64221{col 29}{space 2} 27.58868{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-81.84518{col 70}{space 3} 26.56077
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .1821421{col 29}{space 2}  33.9856{col 40}{space 1}    0.01{col 49}{space 3}0.996{col 57}{space 4}-66.58876{col 70}{space 3} 66.95305
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-90.93898{col 29}{space 2} 31.77299{col 40}{space 1}   -2.86{col 49}{space 3}0.004{col 57}{space 4}-153.3628{col 70}{space 3}-28.51516
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 125.2284{col 29}{space 2} 77.37393{col 40}{space 1}    1.62{col 49}{space 3}0.106{col 57}{space 4}-26.78674{col 70}{space 3} 277.2436
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 639.3394{col 29}{space 2} 86.56517{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 469.2663{col 70}{space 3} 809.4124
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 271.6152{col 29}{space 2} 92.48911{col 40}{space 1}    2.94{col 49}{space 3}0.003{col 57}{space 4} 89.90354{col 70}{space 3} 453.3269
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 474.9421{col 29}{space 2} 84.87122{col 40}{space 1}    5.60{col 49}{space 3}0.000{col 57}{space 4} 308.1971{col 70}{space 3}  641.687
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 586.2545{col 29}{space 2} 79.41292{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 430.2333{col 70}{space 3} 742.2756
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 538.8862{col 29}{space 2} 80.82243{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 380.0959{col 70}{space 3} 697.6766
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 569.7626{col 29}{space 2} 76.55352{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 419.3593{col 70}{space 3} 720.1659
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 336.5461{col 29}{space 2} 76.57315{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 186.1042{col 70}{space 3} 486.9879
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 765.2271{col 29}{space 2} 76.85964{col 40}{space 1}    9.96{col 49}{space 3}0.000{col 57}{space 4} 614.2223{col 70}{space 3} 916.2318
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 685.7317{col 29}{space 2} 81.78404{col 40}{space 1}    8.38{col 49}{space 3}0.000{col 57}{space 4}  525.052{col 70}{space 3} 846.4113
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 469.3708{col 29}{space 2} 82.60245{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4} 307.0832{col 70}{space 3} 631.6583
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 548.9686{col 29}{space 2} 77.16697{col 40}{space 1}    7.11{col 49}{space 3}0.000{col 57}{space 4}   397.36{col 70}{space 3} 700.5772
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 709.8474{col 29}{space 2} 80.92013{col 40}{space 1}    8.77{col 49}{space 3}0.000{col 57}{space 4}  550.865{col 70}{space 3} 868.8297
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}  510.079{col 29}{space 2} 84.58206{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 343.9022{col 70}{space 3} 676.2559
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 666.9221{col 29}{space 2} 83.69671{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 502.4847{col 70}{space 3} 831.3596
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 733.2241{col 29}{space 2} 84.62094{col 40}{space 1}    8.66{col 49}{space 3}0.000{col 57}{space 4} 566.9708{col 70}{space 3} 899.4773
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 765.1749{col 29}{space 2} 87.11827{col 40}{space 1}    8.78{col 49}{space 3}0.000{col 57}{space 4} 594.0152{col 70}{space 3} 936.3346
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 845.4336{col 29}{space 2} 85.97349{col 40}{space 1}    9.83{col 49}{space 3}0.000{col 57}{space 4}  676.523{col 70}{space 3} 1014.344
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 960.2422{col 29}{space 2} 87.67456{col 40}{space 1}   10.95{col 49}{space 3}0.000{col 57}{space 4} 787.9896{col 70}{space 3} 1132.495
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 968.6238{col 29}{space 2} 89.98016{col 40}{space 1}   10.76{col 49}{space 3}0.000{col 57}{space 4} 791.8414{col 70}{space 3} 1145.406
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 933.1305{col 29}{space 2} 92.58431{col 40}{space 1}   10.08{col 49}{space 3}0.000{col 57}{space 4} 751.2317{col 70}{space 3} 1115.029
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1025.017{col 29}{space 2}  95.2985{col 40}{space 1}   10.76{col 49}{space 3}0.000{col 57}{space 4} 837.7853{col 70}{space 3} 1212.248
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 990.9676{col 29}{space 2} 100.0151{col 40}{space 1}    9.91{col 49}{space 3}0.000{col 57}{space 4} 794.4697{col 70}{space 3} 1187.466
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 937.9188{col 29}{space 2} 103.1869{col 40}{space 1}    9.09{col 49}{space 3}0.000{col 57}{space 4} 735.1893{col 70}{space 3} 1140.648
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  1049.74{col 29}{space 2} 106.6206{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4}  840.264{col 70}{space 3} 1259.215
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1319.797{col 29}{space 2} 112.3295{col 40}{space 1}   11.75{col 49}{space 3}0.000{col 57}{space 4} 1099.106{col 70}{space 3} 1540.489
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1320.805{col 29}{space 2} 120.1574{col 40}{space 1}   10.99{col 49}{space 3}0.000{col 57}{space 4} 1084.734{col 70}{space 3} 1556.876
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 817.0169{col 29}{space 2} 124.6425{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4}  572.134{col 70}{space 3}   1061.9
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 907.4117{col 29}{space 2} 123.6548{col 40}{space 1}    7.34{col 49}{space 3}0.000{col 57}{space 4} 664.4694{col 70}{space 3} 1150.354
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1438.369{col 29}{space 2} 130.6766{col 40}{space 1}   11.01{col 49}{space 3}0.000{col 57}{space 4} 1181.631{col 70}{space 3} 1695.107
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1258.813{col 29}{space 2} 144.6082{col 40}{space 1}    8.70{col 49}{space 3}0.000{col 57}{space 4} 974.7039{col 70}{space 3} 1542.922
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1351.378{col 29}{space 2} 144.3183{col 40}{space 1}    9.36{col 49}{space 3}0.000{col 57}{space 4} 1067.839{col 70}{space 3} 1634.918
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1062.923{col 29}{space 2} 144.0888{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 779.8339{col 70}{space 3} 1346.011
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 736.2605{col 29}{space 2} 147.9631{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 445.5601{col 70}{space 3} 1026.961
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1281.958{col 29}{space 2} 149.0417{col 40}{space 1}    8.60{col 49}{space 3}0.000{col 57}{space 4} 989.1384{col 70}{space 3} 1574.777
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 1112.627{col 29}{space 2} 159.0203{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 800.2031{col 70}{space 3} 1425.052
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1125.809{col 29}{space 2} 159.3674{col 40}{space 1}    7.06{col 49}{space 3}0.000{col 57}{space 4} 812.7029{col 70}{space 3} 1438.915
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1594.878{col 29}{space 2} 151.9207{col 40}{space 1}   10.50{col 49}{space 3}0.000{col 57}{space 4} 1296.402{col 70}{space 3} 1893.354
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1258.711{col 29}{space 2} 160.3034{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 943.7659{col 70}{space 3} 1573.657
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1243.793{col 29}{space 2} 158.3812{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 932.6244{col 70}{space 3} 1554.962
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1258.516{col 29}{space 2} 158.2009{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 947.7013{col 70}{space 3}  1569.33
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1488.628{col 29}{space 2} 164.5743{col 40}{space 1}    9.05{col 49}{space 3}0.000{col 57}{space 4} 1165.292{col 70}{space 3} 1811.964
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1448.969{col 29}{space 2} 170.5948{col 40}{space 1}    8.49{col 49}{space 3}0.000{col 57}{space 4} 1113.804{col 70}{space 3} 1784.133
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1255.256{col 29}{space 2} 173.5693{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 914.2473{col 70}{space 3} 1596.264
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1224.008{col 29}{space 2} 172.8215{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4}  884.469{col 70}{space 3} 1563.548
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1614.106{col 29}{space 2} 176.9947{col 40}{space 1}    9.12{col 49}{space 3}0.000{col 57}{space 4} 1266.368{col 70}{space 3} 1961.845
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1327.339{col 29}{space 2} 185.4674{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4}  962.955{col 70}{space 3} 1691.724
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1526.484{col 29}{space 2} 185.0883{col 40}{space 1}    8.25{col 49}{space 3}0.000{col 57}{space 4} 1162.844{col 70}{space 3} 1890.124
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1464.187{col 29}{space 2} 186.4677{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 1097.837{col 70}{space 3} 1830.537
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1493.206{col 29}{space 2} 191.8267{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 1116.328{col 70}{space 3} 1870.085
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1607.166{col 29}{space 2} 192.6684{col 40}{space 1}    8.34{col 49}{space 3}0.000{col 57}{space 4} 1228.634{col 70}{space 3} 1985.698
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1828.868{col 29}{space 2} 196.7549{col 40}{space 1}    9.30{col 49}{space 3}0.000{col 57}{space 4} 1442.307{col 70}{space 3} 2215.428
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1491.999{col 29}{space 2} 203.0318{col 40}{space 1}    7.35{col 49}{space 3}0.000{col 57}{space 4} 1093.107{col 70}{space 3} 1890.892
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1688.781{col 29}{space 2} 204.2609{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4} 1287.473{col 70}{space 3} 2090.088
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1720.665{col 29}{space 2} 210.1142{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 1307.857{col 70}{space 3} 2133.472
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1482.591{col 29}{space 2} 219.1297{col 40}{space 1}    6.77{col 49}{space 3}0.000{col 57}{space 4} 1052.071{col 70}{space 3} 1913.111
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1585.285{col 29}{space 2} 219.3074{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1154.416{col 70}{space 3} 2016.154
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1837.177{col 29}{space 2} 224.3547{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 1396.392{col 70}{space 3} 2277.963
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1707.833{col 29}{space 2} 231.9064{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 1252.211{col 70}{space 3} 2163.456
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 2008.241{col 29}{space 2} 231.9847{col 40}{space 1}    8.66{col 49}{space 3}0.000{col 57}{space 4} 1552.465{col 70}{space 3} 2464.017
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}  1870.98{col 29}{space 2} 237.5149{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 1404.339{col 70}{space 3} 2337.621
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1753.458{col 29}{space 2} 242.6853{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1276.659{col 70}{space 3} 2230.258
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1098.455{col 29}{space 2} 245.0704{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 616.9698{col 70}{space 3} 1579.941
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  1841.93{col 29}{space 2} 246.4693{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4} 1357.696{col 70}{space 3} 2326.163
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 84.96499{col 29}{space 2} 102.2188{col 40}{space 1}    0.83{col 49}{space 3}0.406{col 57}{space 4}-115.8625{col 70}{space 3} 285.7925
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       585{col 27}-4071.866{col 38}-3728.233{col 49}    81{col 58} 7618.466{col 69} 7972.566
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       504){col 67}= {res}      3.68
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0790253{col 29}{space 2} .0211491{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4}-.1205765{col 70}{space 3}-.0374741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0013386{col 29}{space 2} .0008836{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}-.0003973{col 70}{space 3} .0030745
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0069942{col 29}{space 2} .0383697{col 40}{space 1}    0.18{col 49}{space 3}0.855{col 57}{space 4}-.0683901{col 70}{space 3} .0823785
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0001537{col 29}{space 2} .0017543{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-.0032929{col 70}{space 3} .0036002
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0846045{col 29}{space 2} .0690018{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-.2201712{col 70}{space 3} .0509621
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}   .00288{col 29}{space 2} .0022458{col 40}{space 1}    1.28{col 49}{space 3}0.200{col 57}{space 4}-.0015323{col 70}{space 3} .0072923
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0381325{col 29}{space 2} .0216368{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-.0043768{col 70}{space 3} .0806419
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003464{col 29}{space 2} .0021827{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-.0039419{col 70}{space 3} .0046347
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .1494518{col 29}{space 2} .8712921{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4} -1.56236{col 70}{space 3} 1.861264
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.032762{col 29}{space 2} .9993582{col 40}{space 1}    2.03{col 49}{space 3}0.042{col 57}{space 4} .0693405{col 70}{space 3} 3.996183
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.3366166{col 29}{space 2} .7467611{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-1.803765{col 70}{space 3} 1.130531
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.812354{col 29}{space 2} 1.217028{col 40}{space 1}    1.49{col 49}{space 3}0.137{col 57}{space 4}-.5787184{col 70}{space 3} 4.203427
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1710898{col 29}{space 2} 1.052427{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-1.896595{col 70}{space 3} 2.238775
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.06504{col 29}{space 2} .7943965{col 40}{space 1}    1.34{col 49}{space 3}0.181{col 57}{space 4}-.4956966{col 70}{space 3} 2.625777
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.829593{col 29}{space 2} 1.304166{col 40}{space 1}    1.40{col 49}{space 3}0.161{col 57}{space 4}-.7326786{col 70}{space 3} 4.391864
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .9514248{col 29}{space 2}  1.04208{col 40}{space 1}    0.91{col 49}{space 3}0.362{col 57}{space 4} -1.09593{col 70}{space 3}  2.99878
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}  3.18548{col 29}{space 2} 2.090529{col 40}{space 1}    1.52{col 49}{space 3}0.128{col 57}{space 4}-.9217458{col 70}{space 3} 7.292705
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.419377{col 29}{space 2} 2.210097{col 40}{space 1}    1.09{col 49}{space 3}0.274{col 57}{space 4}-1.922761{col 70}{space 3} 6.761516
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.708209{col 29}{space 2} 3.376882{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4}-9.342708{col 70}{space 3} 3.926289
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} -.709657{col 29}{space 2}  2.49056{col 40}{space 1}   -0.28{col 49}{space 3}0.776{col 57}{space 4}-5.602815{col 70}{space 3} 4.183501
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  .866359{col 29}{space 2} 2.225302{col 40}{space 1}    0.39{col 49}{space 3}0.697{col 57}{space 4}-3.505652{col 70}{space 3}  5.23837
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8769155{col 29}{space 2}  1.81551{col 40}{space 1}    0.48{col 49}{space 3}0.629{col 57}{space 4}-2.689984{col 70}{space 3} 4.443815
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.338117{col 29}{space 2} 1.965345{col 40}{space 1}    1.19{col 49}{space 3}0.235{col 57}{space 4}-1.523161{col 70}{space 3} 6.199395
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.7791901{col 29}{space 2} 1.497006{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-3.720331{col 70}{space 3} 2.161951
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.4084906{col 29}{space 2} 2.011975{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-4.361381{col 70}{space 3}   3.5444
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.9500717{col 29}{space 2} 2.412618{col 40}{space 1}   -0.39{col 49}{space 3}0.694{col 57}{space 4}-5.690099{col 70}{space 3} 3.789956
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 2.098297{col 29}{space 2} 2.702356{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-3.210972{col 70}{space 3} 7.407567
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .4348551{col 29}{space 2} 1.670005{col 40}{space 1}    0.26{col 49}{space 3}0.795{col 57}{space 4}-2.846174{col 70}{space 3} 3.715884
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.170535{col 29}{space 2} 3.960311{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-13.95129{col 70}{space 3} 1.610218
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.206287{col 29}{space 2} 1.947857{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-6.033207{col 70}{space 3} 1.620632
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -.259645{col 29}{space 2} 2.465558{col 40}{space 1}   -0.11{col 49}{space 3}0.916{col 57}{space 4}-5.103683{col 70}{space 3} 4.584393
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.2333916{col 29}{space 2} 2.588863{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4}-5.319684{col 70}{space 3} 4.852901
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.850349{col 29}{space 2} 2.807724{col 40}{space 1}    0.66{col 49}{space 3}0.510{col 57}{space 4}-3.665936{col 70}{space 3} 7.366633
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .9318026{col 29}{space 2}  3.69264{col 40}{space 1}    0.25{col 49}{space 3}0.801{col 57}{space 4}-6.323062{col 70}{space 3} 8.186667
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.110268{col 29}{space 2} 3.972854{col 40}{space 1}   -0.78{col 49}{space 3}0.434{col 57}{space 4}-10.91566{col 70}{space 3} 4.695127
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.131404{col 29}{space 2}    2.947{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-7.921323{col 70}{space 3} 3.658514
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 5.888328{col 29}{space 2}  4.84521{col 40}{space 1}    1.22{col 49}{space 3}0.225{col 57}{space 4}-3.630968{col 70}{space 3} 15.40762
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-2.729998{col 29}{space 2}  3.73483{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-10.06775{col 70}{space 3} 4.607756
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .0456814{col 29}{space 2} 5.411228{col 40}{space 1}    0.01{col 49}{space 3}0.993{col 57}{space 4}-10.58566{col 70}{space 3} 10.67702
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-4.204957{col 29}{space 2} 3.623195{col 40}{space 1}   -1.16{col 49}{space 3}0.246{col 57}{space 4}-11.32338{col 70}{space 3} 2.913469
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.526068{col 29}{space 2}  3.84805{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-12.08626{col 70}{space 3} 3.034127
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-5.630853{col 29}{space 2} 4.595149{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-14.65886{col 70}{space 3} 3.397153
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-2.421661{col 29}{space 2} 5.045486{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-12.33444{col 70}{space 3} 7.491115
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -7.06626{col 29}{space 2} 4.522493{col 40}{space 1}   -1.56{col 49}{space 3}0.119{col 57}{space 4}-15.95152{col 70}{space 3}    1.819
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -10.3027{col 29}{space 2} 5.217586{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4} -20.5536{col 70}{space 3}-.0518062
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-5.222046{col 29}{space 2} 5.241776{col 40}{space 1}   -1.00{col 49}{space 3}0.320{col 57}{space 4}-15.52047{col 70}{space 3} 5.076376
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.783609{col 29}{space 2} 5.602923{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-19.79157{col 70}{space 3} 2.224353
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-6.649345{col 29}{space 2} 5.207274{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-16.87998{col 70}{space 3} 3.581294
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-2.917379{col 29}{space 2} 6.232849{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-15.16295{col 70}{space 3} 9.328186
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-5.267633{col 29}{space 2} 5.162324{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-15.40996{col 70}{space 3} 4.874692
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-2.933278{col 29}{space 2} 5.675852{col 40}{space 1}   -0.52{col 49}{space 3}0.606{col 57}{space 4}-14.08452{col 70}{space 3} 8.217966
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-6.051145{col 29}{space 2} 5.927766{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-17.69732{col 70}{space 3} 5.595031
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -5.86081{col 29}{space 2} 6.226733{col 40}{space 1}   -0.94{col 49}{space 3}0.347{col 57}{space 4}-18.09436{col 70}{space 3} 6.372741
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-6.003069{col 29}{space 2} 6.002828{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-17.79672{col 70}{space 3} 5.790579
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-.0518714{col 29}{space 2} 6.692026{col 40}{space 1}   -0.01{col 49}{space 3}0.994{col 57}{space 4}-13.19957{col 70}{space 3} 13.09583
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-7.132529{col 29}{space 2} 5.695741{col 40}{space 1}   -1.25{col 49}{space 3}0.211{col 57}{space 4}-18.32285{col 70}{space 3} 4.057792
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.457696{col 29}{space 2} 6.502939{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4} -15.2339{col 70}{space 3} 10.31851
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-6.581793{col 29}{space 2} 6.333077{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-19.02428{col 70}{space 3} 5.860689
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.751432{col 29}{space 2} 6.816705{col 40}{space 1}   -0.99{col 49}{space 3}0.322{col 57}{space 4}-20.14409{col 70}{space 3} 6.641227
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  -6.9606{col 29}{space 2} 6.457307{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-19.64716{col 70}{space 3} 5.725954
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-4.937714{col 29}{space 2} 7.062731{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-18.81373{col 70}{space 3} 8.938306
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-6.117177{col 29}{space 2} 6.968167{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-19.80741{col 70}{space 3} 7.573055
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-5.778025{col 29}{space 2} 7.091401{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-19.71037{col 70}{space 3} 8.154323
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-6.268756{col 29}{space 2} 6.932295{col 40}{space 1}   -0.90{col 49}{space 3}0.366{col 57}{space 4}-19.88851{col 70}{space 3} 7.350999
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 5.219602{col 29}{space 2}   7.1033{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-8.736123{col 70}{space 3} 19.17533
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-2.822833{col 29}{space 2} 7.946008{col 40}{space 1}   -0.36{col 49}{space 3}0.723{col 57}{space 4}-18.43421{col 70}{space 3} 12.78855
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-5.510303{col 29}{space 2} 6.947063{col 40}{space 1}   -0.79{col 49}{space 3}0.428{col 57}{space 4}-19.15907{col 70}{space 3} 8.138467
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-7.950331{col 29}{space 2} 7.739987{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.15694{col 70}{space 3} 7.256282
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-9.116915{col 29}{space 2} 8.236439{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4} -25.2989{col 70}{space 3} 7.065069
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-7.727406{col 29}{space 2} 7.682693{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4}-22.82146{col 70}{space 3} 7.366644
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-5.599801{col 29}{space 2} 8.868881{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-23.02433{col 70}{space 3} 11.82473
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-9.323976{col 29}{space 2} 8.372378{col 40}{space 1}   -1.11{col 49}{space 3}0.266{col 57}{space 4}-25.77304{col 70}{space 3} 7.125085
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-3.293279{col 29}{space 2} 8.581092{col 40}{space 1}   -0.38{col 49}{space 3}0.701{col 57}{space 4} -20.1524{col 70}{space 3} 13.56584
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-7.557999{col 29}{space 2} 8.884311{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-25.01285{col 70}{space 3} 9.896848
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.305715{col 29}{space 2} 9.296311{col 40}{space 1}   -0.57{col 49}{space 3}0.568{col 57}{space 4}-23.57001{col 70}{space 3} 12.95858
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-9.074895{col 29}{space 2} 9.181696{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-27.11401{col 70}{space 3} 8.964218
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-9.817948{col 29}{space 2} 9.748777{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-28.97119{col 70}{space 3} 9.335298
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-10.23733{col 29}{space 2} 9.386716{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-28.67925{col 70}{space 3} 8.204576
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-11.63223{col 29}{space 2} 9.498852{col 40}{space 1}   -1.22{col 49}{space 3}0.221{col 57}{space 4}-30.29445{col 70}{space 3} 7.029992
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-6.927431{col 29}{space 2} 10.07977{col 40}{space 1}   -0.69{col 49}{space 3}0.492{col 57}{space 4}-26.73098{col 70}{space 3} 12.87612
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-6.041696{col 29}{space 2} 3.674974{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-13.26185{col 70}{space 3} 1.178459
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       585
{txt}{hline 13}{c +}{hline 34}   F(80, 504)      = {res}     2.36
{txt}       Model {c |} {res} 6243.88273        80  78.0485342   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 16694.0596       504  33.1231341   {txt}R-squared       ={res}    0.2722
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1567
{txt}       Total {c |} {res} 22937.9423       584  39.2772985   {txt}Root MSE        =   {res} 5.7553

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0790253{col 29}{space 2} .0211588{col 40}{space 1}   -3.73{col 49}{space 3}0.000{col 57}{space 4}-.1205957{col 70}{space 3} -.037455
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0013386{col 29}{space 2} .0008174{col 40}{space 1}    1.64{col 49}{space 3}0.102{col 57}{space 4}-.0002674{col 70}{space 3} .0029446
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0069942{col 29}{space 2} .0485676{col 40}{space 1}    0.14{col 49}{space 3}0.886{col 57}{space 4}-.0884257{col 70}{space 3} .1024141
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0001537{col 29}{space 2} .0016766{col 40}{space 1}    0.09{col 49}{space 3}0.927{col 57}{space 4}-.0031402{col 70}{space 3} .0034476
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0846045{col 29}{space 2} .0466399{col 40}{space 1}   -1.81{col 49}{space 3}0.070{col 57}{space 4}-.1762371{col 70}{space 3}  .007028
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}   .00288{col 29}{space 2} .0016683{col 40}{space 1}    1.73{col 49}{space 3}0.085{col 57}{space 4}-.0003976{col 70}{space 3} .0061577
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0381325{col 29}{space 2} .0447464{col 40}{space 1}    0.85{col 49}{space 3}0.395{col 57}{space 4}-.0497799{col 70}{space 3}  .126045
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003464{col 29}{space 2} .0018147{col 40}{space 1}    0.19{col 49}{space 3}0.849{col 57}{space 4} -.003219{col 70}{space 3} .0039118
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} .1494518{col 29}{space 2} 1.058997{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-1.931141{col 70}{space 3} 2.230045
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.032762{col 29}{space 2} 1.295178{col 40}{space 1}    1.57{col 49}{space 3}0.117{col 57}{space 4}-.5118514{col 70}{space 3} 4.577375
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.3366166{col 29}{space 2} 1.070091{col 40}{space 1}   -0.31{col 49}{space 3}0.753{col 57}{space 4}-2.439006{col 70}{space 3} 1.765772
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.812354{col 29}{space 2} 1.371508{col 40}{space 1}    1.32{col 49}{space 3}0.187{col 57}{space 4}-.8822227{col 70}{space 3} 4.506931
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .1710898{col 29}{space 2} 1.222205{col 40}{space 1}    0.14{col 49}{space 3}0.889{col 57}{space 4}-2.230154{col 70}{space 3} 2.572334
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  1.06504{col 29}{space 2}  1.04083{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-.9798597{col 70}{space 3}  3.10994
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.829593{col 29}{space 2} 1.284759{col 40}{space 1}    1.42{col 49}{space 3}0.155{col 57}{space 4}-.6945498{col 70}{space 3} 4.353735
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .9514248{col 29}{space 2} 1.222947{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-1.451277{col 70}{space 3} 3.354126
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}  3.18548{col 29}{space 2} 2.929567{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-2.570188{col 70}{space 3} 8.941147
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.419377{col 29}{space 2} 3.414398{col 40}{space 1}    0.71{col 49}{space 3}0.479{col 57}{space 4}-4.288829{col 70}{space 3} 9.127584
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.708209{col 29}{space 2} 3.173027{col 40}{space 1}   -0.85{col 49}{space 3}0.394{col 57}{space 4}-8.942199{col 70}{space 3}  3.52578
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} -.709657{col 29}{space 2} 2.976721{col 40}{space 1}   -0.24{col 49}{space 3}0.812{col 57}{space 4}-6.557967{col 70}{space 3} 5.138653
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  .866359{col 29}{space 2} 3.148347{col 40}{space 1}    0.28{col 49}{space 3}0.783{col 57}{space 4}-5.319141{col 70}{space 3} 7.051859
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8769155{col 29}{space 2} 3.025626{col 40}{space 1}    0.29{col 49}{space 3}0.772{col 57}{space 4}-5.067477{col 70}{space 3} 6.821308
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.338117{col 29}{space 2} 2.990729{col 40}{space 1}    0.78{col 49}{space 3}0.435{col 57}{space 4}-3.537714{col 70}{space 3} 8.213948
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.7791901{col 29}{space 2} 2.875628{col 40}{space 1}   -0.27{col 49}{space 3}0.787{col 57}{space 4}-6.428884{col 70}{space 3} 4.870504
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.4084906{col 29}{space 2} 3.116507{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-6.531436{col 70}{space 3} 5.714454
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.9500717{col 29}{space 2} 3.226853{col 40}{space 1}   -0.29{col 49}{space 3}0.769{col 57}{space 4}-7.289812{col 70}{space 3} 5.389669
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 2.098297{col 29}{space 2} 2.947324{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-3.692257{col 70}{space 3} 7.888852
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .4348551{col 29}{space 2} 3.018338{col 40}{space 1}    0.14{col 49}{space 3}0.886{col 57}{space 4}-5.495219{col 70}{space 3} 6.364929
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.170535{col 29}{space 2} 3.195253{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-12.44819{col 70}{space 3} .1071208
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.206287{col 29}{space 2} 3.120738{col 40}{space 1}   -0.71{col 49}{space 3}0.480{col 57}{space 4}-8.337546{col 70}{space 3} 3.924971
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -.259645{col 29}{space 2} 3.180112{col 40}{space 1}   -0.08{col 49}{space 3}0.935{col 57}{space 4}-6.507553{col 70}{space 3} 5.988263
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.2333916{col 29}{space 2} 3.352346{col 40}{space 1}   -0.07{col 49}{space 3}0.945{col 57}{space 4}-6.819686{col 70}{space 3} 6.352903
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.850349{col 29}{space 2} 3.302902{col 40}{space 1}    0.56{col 49}{space 3}0.576{col 57}{space 4}-4.638804{col 70}{space 3} 8.339501
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .9318026{col 29}{space 2} 3.393004{col 40}{space 1}    0.27{col 49}{space 3}0.784{col 57}{space 4}-5.734371{col 70}{space 3} 7.597976
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.110268{col 29}{space 2} 3.527378{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4}-10.04044{col 70}{space 3} 3.819908
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.131404{col 29}{space 2} 3.618098{col 40}{space 1}   -0.59{col 49}{space 3}0.556{col 57}{space 4}-9.239815{col 70}{space 3} 4.977007
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 5.888328{col 29}{space 2} 3.676529{col 40}{space 1}    1.60{col 49}{space 3}0.110{col 57}{space 4}-1.334881{col 70}{space 3} 13.11154
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-2.729998{col 29}{space 2}  3.87393{col 40}{space 1}   -0.70{col 49}{space 3}0.481{col 57}{space 4}-10.34104{col 70}{space 3} 4.881044
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .0456814{col 29}{space 2} 3.992424{col 40}{space 1}    0.01{col 49}{space 3}0.991{col 57}{space 4}-7.798162{col 70}{space 3} 7.889525
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-4.204957{col 29}{space 2}  4.03781{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-12.13797{col 70}{space 3} 3.728055
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.526068{col 29}{space 2} 4.235371{col 40}{space 1}   -1.07{col 49}{space 3}0.286{col 57}{space 4}-12.84722{col 70}{space 3} 3.795088
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-5.630853{col 29}{space 2} 4.597084{col 40}{space 1}   -1.22{col 49}{space 3}0.221{col 57}{space 4}-14.66266{col 70}{space 3} 3.400954
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-2.421661{col 29}{space 2}  4.80991{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4} -11.8716{col 70}{space 3} 7.028283
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -7.06626{col 29}{space 2} 4.616816{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-16.13684{col 70}{space 3} 2.004315
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -10.3027{col 29}{space 2} 4.746165{col 40}{space 1}   -2.17{col 49}{space 3}0.030{col 57}{space 4}-19.62741{col 70}{space 3}-.9779977
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-5.222046{col 29}{space 2} 5.386751{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4} -15.8053{col 70}{space 3} 5.361207
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.783609{col 29}{space 2} 5.439499{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4} -19.4705{col 70}{space 3} 1.903278
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-6.649345{col 29}{space 2} 5.445027{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-17.34709{col 70}{space 3} 4.048401
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-2.917379{col 29}{space 2} 5.526097{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4} -13.7744{col 70}{space 3} 7.939643
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-5.267633{col 29}{space 2} 5.411703{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-15.89991{col 70}{space 3} 5.364642
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-2.933278{col 29}{space 2} 5.830926{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4}-14.38919{col 70}{space 3} 8.522637
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-6.051145{col 29}{space 2} 5.910923{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-17.66423{col 70}{space 3}  5.56194
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -5.86081{col 29}{space 2} 5.605569{col 40}{space 1}   -1.05{col 49}{space 3}0.296{col 57}{space 4}-16.87397{col 70}{space 3} 5.152351
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-6.003069{col 29}{space 2} 6.026035{col 40}{space 1}   -1.00{col 49}{space 3}0.320{col 57}{space 4}-17.84231{col 70}{space 3} 5.836174
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-.0518714{col 29}{space 2} 5.969551{col 40}{space 1}   -0.01{col 49}{space 3}0.993{col 57}{space 4}-11.78014{col 70}{space 3}  11.6764
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-7.132529{col 29}{space 2} 5.894435{col 40}{space 1}   -1.21{col 49}{space 3}0.227{col 57}{space 4}-18.71322{col 70}{space 3} 4.448162
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.457696{col 29}{space 2}  6.14919{col 40}{space 1}   -0.40{col 49}{space 3}0.690{col 57}{space 4} -14.5389{col 70}{space 3} 9.623507
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-6.581793{col 29}{space 2} 6.374289{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-19.10524{col 70}{space 3} 5.941657
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.751432{col 29}{space 2} 6.519402{col 40}{space 1}   -1.04{col 49}{space 3}0.301{col 57}{space 4}-19.55998{col 70}{space 3} 6.057121
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  -6.9606{col 29}{space 2} 6.434416{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-19.60218{col 70}{space 3} 5.680981
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-4.937714{col 29}{space 2} 6.532698{col 40}{space 1}   -0.76{col 49}{space 3}0.450{col 57}{space 4}-17.77239{col 70}{space 3}  7.89696
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-6.117177{col 29}{space 2} 6.900619{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4} -19.6747{col 70}{space 3} 7.440346
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-5.778025{col 29}{space 2} 6.911385{col 40}{space 1}   -0.84{col 49}{space 3}0.404{col 57}{space 4} -19.3567{col 70}{space 3} 7.800647
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-6.268756{col 29}{space 2} 6.930987{col 40}{space 1}   -0.90{col 49}{space 3}0.366{col 57}{space 4}-19.88594{col 70}{space 3} 7.348429
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 5.219602{col 29}{space 2} 7.159831{col 40}{space 1}    0.73{col 49}{space 3}0.466{col 57}{space 4}-8.847189{col 70}{space 3} 19.28639
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-2.822833{col 29}{space 2} 7.183764{col 40}{space 1}   -0.39{col 49}{space 3}0.695{col 57}{space 4}-16.93664{col 70}{space 3} 11.29098
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-5.510303{col 29}{space 2} 7.409512{col 40}{space 1}   -0.74{col 49}{space 3}0.457{col 57}{space 4}-20.06764{col 70}{space 3} 9.047032
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-7.950331{col 29}{space 2} 7.658044{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-22.99595{col 70}{space 3} 7.095291
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-9.116915{col 29}{space 2} 7.639707{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-24.12651{col 70}{space 3}  5.89268
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-7.727406{col 29}{space 2} 7.808627{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-23.06887{col 70}{space 3} 7.614063
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-5.599801{col 29}{space 2} 8.172632{col 40}{space 1}   -0.69{col 49}{space 3}0.494{col 57}{space 4}-21.65642{col 70}{space 3} 10.45682
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-9.323976{col 29}{space 2} 8.138941{col 40}{space 1}   -1.15{col 49}{space 3}0.253{col 57}{space 4}-25.31441{col 70}{space 3} 6.666456
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-3.293279{col 29}{space 2} 8.310102{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4}-19.61999{col 70}{space 3} 13.03343
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-7.557999{col 29}{space 2} 8.626862{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4}-24.50704{col 70}{space 3} 9.391041
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.305715{col 29}{space 2} 8.661448{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-22.32271{col 70}{space 3} 11.71128
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-9.074895{col 29}{space 2} 8.871147{col 40}{space 1}   -1.02{col 49}{space 3}0.307{col 57}{space 4}-26.50388{col 70}{space 3} 8.354087
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-9.817948{col 29}{space 2} 9.088569{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4} -27.6741{col 70}{space 3} 8.038199
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-10.23733{col 29}{space 2} 9.112116{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4}-28.13975{col 70}{space 3} 7.665076
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-11.63223{col 29}{space 2} 9.052557{col 40}{space 1}   -1.28{col 49}{space 3}0.199{col 57}{space 4}-29.41763{col 70}{space 3} 6.153166
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-6.927431{col 29}{space 2} 9.389915{col 40}{space 1}   -0.74{col 49}{space 3}0.461{col 57}{space 4}-25.37563{col 70}{space 3} 11.52077
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-6.041696{col 29}{space 2} 3.919559{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-13.74238{col 70}{space 3} 1.658991
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       585{col 27}-1903.243{col 38}-1810.304{col 49}    81{col 58} 3782.608{col 69} 4136.709
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311inc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 75,       509){col 67}= {res}     38.73
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0917992{col 29}{space 2} .0276524{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-.1461261{col 70}{space 3}-.0374722
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.359816{col 29}{space 2}   .53647{col 40}{space 1}    2.53{col 49}{space 3}0.012{col 57}{space 4}  .305848{col 70}{space 3} 2.413784
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5962684{col 29}{space 2} 1.253171{col 40}{space 1}    0.48{col 49}{space 3}0.634{col 57}{space 4}-1.865755{col 70}{space 3} 3.058292
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-31.75427{col 29}{space 2} 18.05525{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-67.22626{col 70}{space 3} 3.717718
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.83341{col 29}{space 2} 28.36695{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-103.5641{col 70}{space 3} 7.897299
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 55.88576{col 29}{space 2} 35.35487{col 40}{space 1}    1.58{col 49}{space 3}0.115{col 57}{space 4}-13.57366{col 70}{space 3} 125.3452
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-109.2022{col 29}{space 2} 36.07469{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-180.0758{col 70}{space 3}-38.32857
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 48.57986{col 29}{space 2}  37.6747{col 40}{space 1}    1.29{col 49}{space 3}0.198{col 57}{space 4} -25.4372{col 70}{space 3} 122.5969
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -22.3892{col 29}{space 2} 25.72237{col 40}{space 1}   -0.87{col 49}{space 3}0.384{col 57}{space 4}-72.92427{col 70}{space 3} 28.14588
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  4.27234{col 29}{space 2} 33.52281{col 40}{space 1}    0.13{col 49}{space 3}0.899{col 57}{space 4}-61.58776{col 70}{space 3} 70.13244
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-68.74781{col 29}{space 2}  25.7332{col 40}{space 1}   -2.67{col 49}{space 3}0.008{col 57}{space 4}-119.3042{col 70}{space 3}-18.19146
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}  33.0035{col 29}{space 2} 76.63637{col 40}{space 1}    0.43{col 49}{space 3}0.667{col 57}{space 4} -117.559{col 70}{space 3}  183.566
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 518.5957{col 29}{space 2} 70.50112{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 380.0867{col 70}{space 3} 657.1047
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 248.2205{col 29}{space 2} 113.4917{col 40}{space 1}    2.19{col 49}{space 3}0.029{col 57}{space 4} 25.25073{col 70}{space 3} 471.1902
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 499.4302{col 29}{space 2} 75.25987{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 351.5719{col 70}{space 3} 647.2884
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 560.9944{col 29}{space 2} 68.06237{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 427.2766{col 70}{space 3} 694.7121
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 559.7801{col 29}{space 2} 65.30052{col 40}{space 1}    8.57{col 49}{space 3}0.000{col 57}{space 4} 431.4884{col 70}{space 3} 688.0718
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 566.2184{col 29}{space 2} 71.51986{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 425.7079{col 70}{space 3} 706.7289
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 320.2404{col 29}{space 2} 70.55861{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 181.6184{col 70}{space 3} 458.8623
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 724.8182{col 29}{space 2} 74.55335{col 40}{space 1}    9.72{col 49}{space 3}0.000{col 57}{space 4} 578.3481{col 70}{space 3} 871.2884
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 652.2849{col 29}{space 2} 83.10363{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 489.0166{col 70}{space 3} 815.5533
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 491.6423{col 29}{space 2} 78.65555{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 337.1128{col 70}{space 3} 646.1718
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  500.366{col 29}{space 2} 82.33268{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 338.6123{col 70}{space 3} 662.1197
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  643.381{col 29}{space 2} 70.13551{col 40}{space 1}    9.17{col 49}{space 3}0.000{col 57}{space 4} 505.5903{col 70}{space 3} 781.1718
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 481.7321{col 29}{space 2}  73.9622{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 336.4233{col 70}{space 3} 627.0409
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  638.719{col 29}{space 2} 75.58827{col 40}{space 1}    8.45{col 49}{space 3}0.000{col 57}{space 4} 490.2157{col 70}{space 3} 787.2224
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 667.2134{col 29}{space 2} 74.43888{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4} 520.9681{col 70}{space 3} 813.4586
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 726.3164{col 29}{space 2} 77.53656{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 573.9853{col 70}{space 3} 878.6474
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 794.8083{col 29}{space 2}  79.5802{col 40}{space 1}    9.99{col 49}{space 3}0.000{col 57}{space 4} 638.4622{col 70}{space 3} 951.1544
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 912.8946{col 29}{space 2} 81.10292{col 40}{space 1}   11.26{col 49}{space 3}0.000{col 57}{space 4} 753.5569{col 70}{space 3} 1072.232
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 934.8742{col 29}{space 2} 89.59792{col 40}{space 1}   10.43{col 49}{space 3}0.000{col 57}{space 4} 758.8469{col 70}{space 3} 1110.901
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 899.3056{col 29}{space 2} 94.85461{col 40}{space 1}    9.48{col 49}{space 3}0.000{col 57}{space 4} 712.9509{col 70}{space 3}  1085.66
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 953.3712{col 29}{space 2} 96.85031{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 763.0956{col 70}{space 3} 1143.647
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 906.1043{col 29}{space 2}   110.87{col 40}{space 1}    8.17{col 49}{space 3}0.000{col 57}{space 4} 688.2851{col 70}{space 3} 1123.924
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 864.3179{col 29}{space 2} 113.0615{col 40}{space 1}    7.64{col 49}{space 3}0.000{col 57}{space 4} 642.1934{col 70}{space 3} 1086.443
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  951.731{col 29}{space 2} 112.4125{col 40}{space 1}    8.47{col 49}{space 3}0.000{col 57}{space 4} 730.8815{col 70}{space 3} 1172.581
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1226.314{col 29}{space 2} 119.1946{col 40}{space 1}   10.29{col 49}{space 3}0.000{col 57}{space 4} 992.1402{col 70}{space 3} 1460.488
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1254.876{col 29}{space 2} 137.5198{col 40}{space 1}    9.13{col 49}{space 3}0.000{col 57}{space 4} 984.6993{col 70}{space 3} 1525.052
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 760.3793{col 29}{space 2} 146.8676{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4}  471.838{col 70}{space 3} 1048.921
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 772.4103{col 29}{space 2} 153.1136{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 471.5979{col 70}{space 3} 1073.223
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1243.682{col 29}{space 2} 144.9467{col 40}{space 1}    8.58{col 49}{space 3}0.000{col 57}{space 4}  958.914{col 70}{space 3} 1528.449
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1141.566{col 29}{space 2} 157.1221{col 40}{space 1}    7.27{col 49}{space 3}0.000{col 57}{space 4} 832.8782{col 70}{space 3} 1450.254
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1265.248{col 29}{space 2} 162.3218{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 946.3447{col 70}{space 3} 1584.151
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 922.2395{col 29}{space 2}  173.387{col 40}{space 1}    5.32{col 49}{space 3}0.000{col 57}{space 4} 581.5971{col 70}{space 3} 1262.882
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 565.7401{col 29}{space 2} 174.8501{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 222.2234{col 70}{space 3} 909.2568
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1018.318{col 29}{space 2} 168.9217{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 686.4487{col 70}{space 3} 1350.188
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 883.0065{col 29}{space 2} 164.6745{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 559.4812{col 70}{space 3} 1206.532
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 975.4025{col 29}{space 2} 177.4356{col 40}{space 1}    5.50{col 49}{space 3}0.000{col 57}{space 4} 626.8063{col 70}{space 3} 1323.999
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1402.174{col 29}{space 2} 171.1526{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 1065.922{col 70}{space 3} 1738.427
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1119.201{col 29}{space 2} 178.2416{col 40}{space 1}    6.28{col 49}{space 3}0.000{col 57}{space 4} 769.0214{col 70}{space 3} 1469.381
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1106.531{col 29}{space 2} 190.2665{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4}  732.727{col 70}{space 3} 1480.336
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1038.255{col 29}{space 2} 193.4893{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 658.1193{col 70}{space 3} 1418.391
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1287.676{col 29}{space 2} 186.7254{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 920.8282{col 70}{space 3} 1654.523
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1255.484{col 29}{space 2}  194.298{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4} 873.7593{col 70}{space 3} 1637.209
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1095.558{col 29}{space 2} 203.6126{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4}  695.534{col 70}{space 3} 1495.583
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1014.448{col 29}{space 2} 207.2621{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 607.2531{col 70}{space 3} 1421.642
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1370.242{col 29}{space 2} 199.6559{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 977.9908{col 70}{space 3} 1762.493
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1114.298{col 29}{space 2} 207.8863{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 705.8767{col 70}{space 3} 1522.718
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1338.389{col 29}{space 2} 214.3226{col 40}{space 1}    6.24{col 49}{space 3}0.000{col 57}{space 4} 917.3236{col 70}{space 3} 1759.455
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1222.176{col 29}{space 2} 212.2087{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4} 805.2629{col 70}{space 3} 1639.088
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1269.179{col 29}{space 2} 218.3498{col 40}{space 1}    5.81{col 49}{space 3}0.000{col 57}{space 4} 840.2017{col 70}{space 3} 1698.157
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1345.624{col 29}{space 2}  218.986{col 40}{space 1}    6.14{col 49}{space 3}0.000{col 57}{space 4} 915.3965{col 70}{space 3} 1775.852
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1611.126{col 29}{space 2} 220.0252{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4} 1178.857{col 70}{space 3} 2043.395
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1303.444{col 29}{space 2} 240.6671{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 830.6213{col 70}{space 3} 1776.267
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1487.586{col 29}{space 2} 254.0634{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 988.4438{col 70}{space 3} 1986.728
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1459.968{col 29}{space 2}  262.325{col 40}{space 1}    5.57{col 49}{space 3}0.000{col 57}{space 4} 944.5954{col 70}{space 3} 1975.341
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1252.197{col 29}{space 2} 251.9076{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4}   757.29{col 70}{space 3} 1747.103
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1308.091{col 29}{space 2} 260.8309{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4} 795.6538{col 70}{space 3} 1820.529
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1535.122{col 29}{space 2} 278.0892{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 988.7778{col 70}{space 3} 2081.466
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1442.096{col 29}{space 2}  276.505{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4} 898.8639{col 70}{space 3} 1985.327
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1758.416{col 29}{space 2} 296.7556{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 1175.399{col 70}{space 3} 2341.433
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1611.192{col 29}{space 2} 276.5031{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4} 1067.964{col 70}{space 3}  2154.42
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1521.859{col 29}{space 2} 351.8065{col 40}{space 1}    4.33{col 49}{space 3}0.000{col 57}{space 4} 830.6873{col 70}{space 3}  2213.03
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 800.8077{col 29}{space 2} 271.9432{col 40}{space 1}    2.94{col 49}{space 3}0.003{col 57}{space 4} 266.5385{col 70}{space 3} 1335.077
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1473.653{col 29}{space 2} 303.9027{col 40}{space 1}    4.85{col 49}{space 3}0.000{col 57}{space 4} 876.5952{col 70}{space 3} 2070.711
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .9707402{col 29}{space 2} 136.7391{col 40}{space 1}    0.01{col 49}{space 3}0.994{col 57}{space 4}-267.6717{col 70}{space 3} 269.6132
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311incols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       585
{txt}{hline 13}{c +}{hline 34}   F(75, 509)      = {res}    14.22
{txt}       Model {c |} {res}   25760645        75  343475.266   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12298265.8       509  24161.6225   {txt}R-squared       ={res}    0.6769
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6292
{txt}       Total {c |} {res} 38058910.8       584  65169.3678   {txt}Root MSE        =   {res} 155.44

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0917992{col 29}{space 2} .0195428{col 40}{space 1}   -4.70{col 49}{space 3}0.000{col 57}{space 4}-.1301937{col 70}{space 3}-.0534046
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.359816{col 29}{space 2} .5315775{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} .3154599{col 70}{space 3} 2.404172
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5962684{col 29}{space 2} 1.193928{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-1.749365{col 70}{space 3} 2.941902
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-31.75427{col 29}{space 2} 28.32678{col 40}{space 1}   -1.12{col 49}{space 3}0.263{col 57}{space 4}-87.40607{col 70}{space 3} 23.89752
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.83341{col 29}{space 2} 33.68926{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-114.0205{col 70}{space 3} 18.35371
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 55.88576{col 29}{space 2} 28.55637{col 40}{space 1}    1.96{col 49}{space 3}0.051{col 57}{space 4}-.2170947{col 70}{space 3} 111.9886
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-109.2022{col 29}{space 2} 35.33979{col 40}{space 1}   -3.09{col 49}{space 3}0.002{col 57}{space 4} -178.632{col 70}{space 3}-39.77238
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 48.57986{col 29}{space 2} 32.36068{col 40}{space 1}    1.50{col 49}{space 3}0.134{col 57}{space 4}-14.99709{col 70}{space 3} 112.1568
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -22.3892{col 29}{space 2} 28.01764{col 40}{space 1}   -0.80{col 49}{space 3}0.425{col 57}{space 4}-77.43365{col 70}{space 3} 32.65525
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  4.27234{col 29}{space 2} 34.01196{col 40}{space 1}    0.13{col 49}{space 3}0.900{col 57}{space 4}-62.54876{col 70}{space 3} 71.09344
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-68.74781{col 29}{space 2} 31.35554{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}  -130.35{col 70}{space 3}-7.145612
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}  33.0035{col 29}{space 2} 73.70961{col 40}{space 1}    0.45{col 49}{space 3}0.655{col 57}{space 4} -111.809{col 70}{space 3}  177.816
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 518.5957{col 29}{space 2} 74.65284{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 371.9301{col 70}{space 3} 665.2613
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 248.2205{col 29}{space 2} 74.07573{col 40}{space 1}    3.35{col 49}{space 3}0.001{col 57}{space 4} 102.6887{col 70}{space 3} 393.7523
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 499.4302{col 29}{space 2} 74.22031{col 40}{space 1}    6.73{col 49}{space 3}0.000{col 57}{space 4} 353.6143{col 70}{space 3}  645.246
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 560.9944{col 29}{space 2}  73.8135{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 415.9777{col 70}{space 3}  706.011
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 559.7801{col 29}{space 2} 73.48964{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 415.3997{col 70}{space 3} 704.1604
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 566.2184{col 29}{space 2} 73.40164{col 40}{space 1}    7.71{col 49}{space 3}0.000{col 57}{space 4} 422.0109{col 70}{space 3} 710.4259
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 320.2404{col 29}{space 2} 73.33058{col 40}{space 1}    4.37{col 49}{space 3}0.000{col 57}{space 4} 176.1725{col 70}{space 3} 464.3082
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 724.8182{col 29}{space 2} 73.32825{col 40}{space 1}    9.88{col 49}{space 3}0.000{col 57}{space 4}  580.755{col 70}{space 3} 868.8815
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 652.2849{col 29}{space 2} 73.66811{col 40}{space 1}    8.85{col 49}{space 3}0.000{col 57}{space 4} 507.5539{col 70}{space 3} 797.0159
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 491.6423{col 29}{space 2} 74.23919{col 40}{space 1}    6.62{col 49}{space 3}0.000{col 57}{space 4} 345.7893{col 70}{space 3} 637.4952
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  500.366{col 29}{space 2} 74.14893{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 354.6904{col 70}{space 3} 646.0416
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  643.381{col 29}{space 2} 74.71745{col 40}{space 1}    8.61{col 49}{space 3}0.000{col 57}{space 4} 496.5885{col 70}{space 3} 790.1736
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 481.7321{col 29}{space 2} 75.40474{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 333.5892{col 70}{space 3} 629.8749
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  638.719{col 29}{space 2} 75.42345{col 40}{space 1}    8.47{col 49}{space 3}0.000{col 57}{space 4} 490.5395{col 70}{space 3} 786.8986
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 667.2134{col 29}{space 2} 76.07107{col 40}{space 1}    8.77{col 49}{space 3}0.000{col 57}{space 4} 517.7614{col 70}{space 3} 816.6653
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 726.3164{col 29}{space 2} 76.93302{col 40}{space 1}    9.44{col 49}{space 3}0.000{col 57}{space 4}  575.171{col 70}{space 3} 877.4617
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 794.8083{col 29}{space 2} 77.95933{col 40}{space 1}   10.20{col 49}{space 3}0.000{col 57}{space 4} 641.6466{col 70}{space 3} 947.9699
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 912.8946{col 29}{space 2} 79.72384{col 40}{space 1}   11.45{col 49}{space 3}0.000{col 57}{space 4} 756.2663{col 70}{space 3} 1069.523
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 934.8742{col 29}{space 2} 82.82613{col 40}{space 1}   11.29{col 49}{space 3}0.000{col 57}{space 4}  772.151{col 70}{space 3} 1097.597
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 899.3056{col 29}{space 2} 86.37856{col 40}{space 1}   10.41{col 49}{space 3}0.000{col 57}{space 4} 729.6032{col 70}{space 3} 1069.008
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 953.3712{col 29}{space 2} 88.07984{col 40}{space 1}   10.82{col 49}{space 3}0.000{col 57}{space 4} 780.3264{col 70}{space 3} 1126.416
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 906.1043{col 29}{space 2} 91.64734{col 40}{space 1}    9.89{col 49}{space 3}0.000{col 57}{space 4} 726.0507{col 70}{space 3} 1086.158
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 864.3179{col 29}{space 2} 94.45626{col 40}{space 1}    9.15{col 49}{space 3}0.000{col 57}{space 4} 678.7458{col 70}{space 3}  1049.89
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  951.731{col 29}{space 2} 96.93817{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4} 761.2829{col 70}{space 3} 1142.179
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1226.314{col 29}{space 2} 100.4867{col 40}{space 1}   12.20{col 49}{space 3}0.000{col 57}{space 4} 1028.894{col 70}{space 3} 1423.734
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1254.876{col 29}{space 2} 107.3949{col 40}{space 1}   11.68{col 49}{space 3}0.000{col 57}{space 4} 1043.884{col 70}{space 3} 1465.867
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 760.3793{col 29}{space 2} 114.2947{col 40}{space 1}    6.65{col 49}{space 3}0.000{col 57}{space 4} 535.8318{col 70}{space 3} 984.9268
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 772.4103{col 29}{space 2} 114.3969{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 547.6622{col 70}{space 3} 997.1585
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1243.682{col 29}{space 2} 114.1899{col 40}{space 1}   10.89{col 49}{space 3}0.000{col 57}{space 4}  1019.34{col 70}{space 3} 1468.023
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1141.566{col 29}{space 2} 120.9845{col 40}{space 1}    9.44{col 49}{space 3}0.000{col 57}{space 4} 903.8754{col 70}{space 3} 1379.256
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1265.248{col 29}{space 2} 125.6655{col 40}{space 1}   10.07{col 49}{space 3}0.000{col 57}{space 4} 1018.361{col 70}{space 3} 1512.135
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 922.2395{col 29}{space 2} 131.4938{col 40}{space 1}    7.01{col 49}{space 3}0.000{col 57}{space 4} 663.9021{col 70}{space 3} 1180.577
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 565.7401{col 29}{space 2} 130.9857{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4}  308.401{col 70}{space 3} 823.0792
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1018.318{col 29}{space 2} 125.2942{col 40}{space 1}    8.13{col 49}{space 3}0.000{col 57}{space 4} 772.1609{col 70}{space 3} 1264.476
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 883.0065{col 29}{space 2} 127.4366{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4}   632.64{col 70}{space 3} 1133.373
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 975.4025{col 29}{space 2} 127.3787{col 40}{space 1}    7.66{col 49}{space 3}0.000{col 57}{space 4} 725.1499{col 70}{space 3} 1225.655
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1402.174{col 29}{space 2} 128.7917{col 40}{space 1}   10.89{col 49}{space 3}0.000{col 57}{space 4} 1149.146{col 70}{space 3} 1655.203
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1119.201{col 29}{space 2} 136.5869{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 850.8575{col 70}{space 3} 1387.545
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1106.531{col 29}{space 2} 138.5929{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 834.2468{col 70}{space 3} 1378.816
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1038.255{col 29}{space 2} 140.9725{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 761.2958{col 70}{space 3} 1315.215
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1287.676{col 29}{space 2} 141.8584{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 1008.976{col 70}{space 3} 1566.376
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1255.484{col 29}{space 2} 147.2197{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 966.2511{col 70}{space 3} 1544.717
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1095.558{col 29}{space 2} 151.5381{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 797.8414{col 70}{space 3} 1393.276
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1014.448{col 29}{space 2} 152.6062{col 40}{space 1}    6.65{col 49}{space 3}0.000{col 57}{space 4} 714.6319{col 70}{space 3} 1314.263
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1370.242{col 29}{space 2} 152.2018{col 40}{space 1}    9.00{col 49}{space 3}0.000{col 57}{space 4} 1071.221{col 70}{space 3} 1669.263
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1114.298{col 29}{space 2} 157.9827{col 40}{space 1}    7.05{col 49}{space 3}0.000{col 57}{space 4} 803.9191{col 70}{space 3} 1424.676
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1338.389{col 29}{space 2} 158.7806{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 1026.443{col 70}{space 3} 1650.336
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1222.176{col 29}{space 2} 163.1347{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 901.6754{col 70}{space 3} 1542.676
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1269.179{col 29}{space 2} 163.7183{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 947.5326{col 70}{space 3} 1590.826
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1345.624{col 29}{space 2} 166.7121{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 1018.096{col 70}{space 3} 1673.153
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1611.126{col 29}{space 2} 171.2079{col 40}{space 1}    9.41{col 49}{space 3}0.000{col 57}{space 4} 1274.765{col 70}{space 3} 1947.487
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1303.444{col 29}{space 2} 180.0451{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 949.7214{col 70}{space 3} 1657.167
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1487.586{col 29}{space 2} 182.6066{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4}  1128.83{col 70}{space 3} 1846.341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1459.968{col 29}{space 2} 187.9634{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 1090.689{col 70}{space 3} 1829.248
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1252.197{col 29}{space 2} 192.4211{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 874.1594{col 70}{space 3} 1630.234
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1308.091{col 29}{space 2} 192.7097{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 929.4871{col 70}{space 3} 1686.696
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1535.122{col 29}{space 2} 193.8089{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 1154.358{col 70}{space 3} 1915.886
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1442.096{col 29}{space 2} 199.0869{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 1050.962{col 70}{space 3} 1833.229
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1758.416{col 29}{space 2} 202.2771{col 40}{space 1}    8.69{col 49}{space 3}0.000{col 57}{space 4} 1361.015{col 70}{space 3} 2155.817
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1611.192{col 29}{space 2} 211.1939{col 40}{space 1}    7.63{col 49}{space 3}0.000{col 57}{space 4} 1196.273{col 70}{space 3} 2026.111
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1521.859{col 29}{space 2} 216.6442{col 40}{space 1}    7.02{col 49}{space 3}0.000{col 57}{space 4} 1096.232{col 70}{space 3} 1947.486
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 800.8077{col 29}{space 2} 220.1671{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 368.2595{col 70}{space 3} 1233.356
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1473.653{col 29}{space 2} 210.1556{col 40}{space 1}    7.01{col 49}{space 3}0.000{col 57}{space 4} 1060.774{col 70}{space 3} 1886.532
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .9707402{col 29}{space 2} 101.5544{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-198.5466{col 70}{space 3} 200.4881
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       585{col 27}-4071.866{col 38}-3741.436{col 49}    76{col 58} 7634.872{col 69} 7967.114
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pc!=. & oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 75,       509){col 67}= {res}      3.61
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0865603{col 29}{space 2} .0209694{col 40}{space 1}   -4.13{col 49}{space 3}0.000{col 57}{space 4}-.1277575{col 70}{space 3}-.0453631
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018342{col 29}{space 2} .0008335{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} .0001967{col 70}{space 3} .0034718
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0008214{col 29}{space 2} .0016847{col 40}{space 1}    0.49{col 49}{space 3}0.626{col 57}{space 4}-.0024885{col 70}{space 3} .0041313
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}  .337202{col 29}{space 2}  .862032{col 40}{space 1}    0.39{col 49}{space 3}0.696{col 57}{space 4}-1.356377{col 70}{space 3} 2.030781
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.240403{col 29}{space 2} .9784369{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} .3181309{col 70}{space 3} 4.162675
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5266644{col 29}{space 2} .7421914{col 40}{space 1}   -0.71{col 49}{space 3}0.478{col 57}{space 4}  -1.9848{col 70}{space 3} .9314712
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.352321{col 29}{space 2} 1.201496{col 40}{space 1}    1.96{col 49}{space 3}0.051{col 57}{space 4}-.0081808{col 70}{space 3} 4.712823
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.0957824{col 29}{space 2} 1.032639{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-2.124541{col 70}{space 3} 1.932976
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.144133{col 29}{space 2} .7872293{col 40}{space 1}    1.45{col 49}{space 3}0.147{col 57}{space 4}-.4024859{col 70}{space 3} 2.690752
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.817023{col 29}{space 2} 1.333645{col 40}{space 1}    1.36{col 49}{space 3}0.174{col 57}{space 4}-.8031033{col 70}{space 3}  4.43715
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.262185{col 29}{space 2} 1.079333{col 40}{space 1}    1.17{col 49}{space 3}0.243{col 57}{space 4}-.8583103{col 70}{space 3} 3.382681
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 1.997619{col 29}{space 2} 2.017235{col 40}{space 1}    0.99{col 49}{space 3}0.323{col 57}{space 4}-1.965512{col 70}{space 3} 5.960751
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .9325201{col 29}{space 2} 1.066465{col 40}{space 1}    0.87{col 49}{space 3}0.382{col 57}{space 4}-1.162696{col 70}{space 3} 3.027736
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.716825{col 29}{space 2} 2.867391{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}-8.350203{col 70}{space 3} 2.916552
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.387381{col 29}{space 2} 2.118964{col 40}{space 1}   -0.65{col 49}{space 3}0.513{col 57}{space 4}-5.550374{col 70}{space 3} 2.775612
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .9594529{col 29}{space 2} 1.223388{col 40}{space 1}    0.78{col 49}{space 3}0.433{col 57}{space 4}-1.444059{col 70}{space 3} 3.362965
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8519907{col 29}{space 2} 1.424956{col 40}{space 1}    0.60{col 49}{space 3}0.550{col 57}{space 4}-1.947529{col 70}{space 3}  3.65151
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.020644{col 29}{space 2} 1.660513{col 40}{space 1}    1.22{col 49}{space 3}0.224{col 57}{space 4} -1.24166{col 70}{space 3} 5.282947
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.9191871{col 29}{space 2} 1.161729{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-3.201562{col 70}{space 3} 1.363188
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.673798{col 29}{space 2} 1.936001{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-5.477334{col 70}{space 3} 2.129739
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} -.915638{col 29}{space 2} 1.321624{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-3.512148{col 70}{space 3} 1.680872
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.925905{col 29}{space 2} 2.887239{col 40}{space 1}    0.67{col 49}{space 3}0.505{col 57}{space 4}-3.746467{col 70}{space 3} 7.598278
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.4049219{col 29}{space 2} 1.329893{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-3.017676{col 70}{space 3} 2.207832
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-7.386469{col 29}{space 2} 3.874886{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-14.99921{col 70}{space 3} .2262691
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.761541{col 29}{space 2} 1.424124{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-5.559425{col 70}{space 3} .0363444
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-.8891679{col 29}{space 2}  1.89415{col 40}{space 1}   -0.47{col 49}{space 3}0.639{col 57}{space 4}-4.610482{col 70}{space 3} 2.832147
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.252059{col 29}{space 2} 1.934061{col 40}{space 1}   -0.65{col 49}{space 3}0.518{col 57}{space 4}-5.051784{col 70}{space 3} 2.547665
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8498206{col 29}{space 2} 2.531517{col 40}{space 1}    0.34{col 49}{space 3}0.737{col 57}{space 4}-4.123687{col 70}{space 3} 5.823329
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .0614643{col 29}{space 2} 3.196506{col 40}{space 1}    0.02{col 49}{space 3}0.985{col 57}{space 4}-6.218505{col 70}{space 3} 6.341434
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-4.200637{col 29}{space 2} 3.767871{col 40}{space 1}   -1.11{col 49}{space 3}0.265{col 57}{space 4}-11.60313{col 70}{space 3} 3.201857
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -2.99618{col 29}{space 2} 2.638996{col 40}{space 1}   -1.14{col 49}{space 3}0.257{col 57}{space 4}-8.180846{col 70}{space 3} 2.188486
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 5.215354{col 29}{space 2} 4.764143{col 40}{space 1}    1.09{col 49}{space 3}0.274{col 57}{space 4}-4.144451{col 70}{space 3} 14.57516
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}  -3.9357{col 29}{space 2} 3.345517{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-10.50842{col 70}{space 3} 2.637022
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-1.922339{col 29}{space 2} 5.281174{col 40}{space 1}   -0.36{col 49}{space 3}0.716{col 57}{space 4}-12.29792{col 70}{space 3} 8.453243
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-5.293213{col 29}{space 2} 3.430503{col 40}{space 1}   -1.54{col 49}{space 3}0.123{col 57}{space 4} -12.0329{col 70}{space 3} 1.446476
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.561355{col 29}{space 2} 3.483784{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-13.40572{col 70}{space 3} .2830117
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-7.431817{col 29}{space 2} 4.227972{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-15.73824{col 70}{space 3} .8746062
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-3.784071{col 29}{space 2} 4.635962{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4}-12.89205{col 70}{space 3} 5.323904
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-8.242094{col 29}{space 2}   4.3222{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-16.73364{col 70}{space 3} .2494546
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-13.45331{col 29}{space 2} 5.232719{col 40}{space 1}   -2.57{col 49}{space 3}0.010{col 57}{space 4} -23.7337{col 70}{space 3}-3.172928
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-8.361789{col 29}{space 2} 4.529474{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-17.26055{col 70}{space 3} .5369757
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.36923{col 29}{space 2} 4.831287{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-19.86094{col 70}{space 3}-.8775098
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-9.414622{col 29}{space 2} 5.046541{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-19.32924{col 70}{space 3} .4999909
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.046265{col 29}{space 2} 5.893094{col 40}{space 1}   -0.86{col 49}{space 3}0.392{col 57}{space 4}-16.62405{col 70}{space 3} 6.531517
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} -8.33768{col 29}{space 2} 4.750375{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4}-17.67044{col 70}{space 3} .9950761
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-7.663576{col 29}{space 2} 4.983991{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4} -17.4553{col 70}{space 3}  2.12815
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-8.947262{col 29}{space 2} 4.817111{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-18.41113{col 70}{space 3} .5166061
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-9.264568{col 29}{space 2} 5.748975{col 40}{space 1}   -1.61{col 49}{space 3}0.108{col 57}{space 4}-20.55921{col 70}{space 3} 2.030073
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-9.397643{col 29}{space 2} 5.301993{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-19.81413{col 70}{space 3}  1.01884
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.265654{col 29}{space 2} 5.832334{col 40}{space 1}   -0.39{col 49}{space 3}0.698{col 57}{space 4}-13.72407{col 70}{space 3} 9.192758
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.13927{col 29}{space 2} 5.424321{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-20.79608{col 70}{space 3} .5175452
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.372434{col 29}{space 2} 6.116381{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-18.38889{col 70}{space 3} 5.644026
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.889274{col 29}{space 2} 5.703365{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4}-21.09431{col 70}{space 3} 1.315761
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-10.17675{col 29}{space 2} 6.263142{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-22.48154{col 70}{space 3} 2.128042
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.03123{col 29}{space 2} 6.053914{col 40}{space 1}   -1.66{col 49}{space 3}0.098{col 57}{space 4}-21.92496{col 70}{space 3} 1.862508
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-8.681448{col 29}{space 2} 6.536867{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-21.52401{col 70}{space 3} 4.161114
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-10.40997{col 29}{space 2} 6.263559{col 40}{space 1}   -1.66{col 49}{space 3}0.097{col 57}{space 4}-22.71558{col 70}{space 3} 1.895642
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-9.154827{col 29}{space 2} 6.403435{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-21.73524{col 70}{space 3}  3.42559
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-10.30709{col 29}{space 2} 6.509086{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-23.09507{col 70}{space 3} 2.480897
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1.46781{col 29}{space 2}  6.55738{col 40}{space 1}    0.22{col 49}{space 3}0.823{col 57}{space 4}-11.41505{col 70}{space 3} 14.35067
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-6.654292{col 29}{space 2}  7.25038{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-20.89865{col 70}{space 3} 7.590062
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-10.48785{col 29}{space 2}   6.3748{col 40}{space 1}   -1.65{col 49}{space 3}0.101{col 57}{space 4}-23.01201{col 70}{space 3} 2.036314
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-11.82785{col 29}{space 2} 7.058939{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-25.69609{col 70}{space 3} 2.040393
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -12.3151{col 29}{space 2} 7.780947{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-27.60183{col 70}{space 3} 2.971626
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.13175{col 29}{space 2} 7.332343{col 40}{space 1}   -1.65{col 49}{space 3}0.099{col 57}{space 4}-26.53713{col 70}{space 3} 2.273635
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-9.787924{col 29}{space 2} 8.101569{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-25.70455{col 70}{space 3} 6.128706
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.58599{col 29}{space 2} 7.820561{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-28.95054{col 70}{space 3} 1.778565
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -8.53595{col 29}{space 2} 7.828428{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-23.91596{col 70}{space 3} 6.844059
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-12.41243{col 29}{space 2} 7.951236{col 40}{space 1}   -1.56{col 49}{space 3}0.119{col 57}{space 4}-28.03371{col 70}{space 3} 3.208852
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} -10.1795{col 29}{space 2} 8.559972{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-26.99673{col 70}{space 3} 6.637721
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-13.93475{col 29}{space 2} 8.570142{col 40}{space 1}   -1.63{col 49}{space 3}0.105{col 57}{space 4}-30.77196{col 70}{space 3} 2.902456
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -14.3654{col 29}{space 2} 8.961716{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-31.97191{col 70}{space 3} 3.241106
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-14.90891{col 29}{space 2} 8.945398{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-32.48336{col 70}{space 3} 2.665537
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-16.46266{col 29}{space 2} 8.744622{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-33.64266{col 70}{space 3} .7173355
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-14.13777{col 29}{space 2} 9.209896{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-32.23186{col 70}{space 3} 3.956323
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-7.518756{col 29}{space 2} 3.583539{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4} -14.5591{col 70}{space 3}-.4784081
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pcols!=. & oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       585
{txt}{hline 13}{c +}{hline 34}   F(75, 509)      = {res}     2.40
{txt}       Model {c |} {res} 5996.23971        75  79.9498629   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 16941.7026       509   33.284288   {txt}R-squared       ={res}    0.2614
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1526
{txt}       Total {c |} {res} 22937.9423       584  39.2772985   {txt}Root MSE        =   {res} 5.7693

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0865603{col 29}{space 2}  .019482{col 40}{space 1}   -4.44{col 49}{space 3}0.000{col 57}{space 4}-.1248354{col 70}{space 3}-.0482852
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018342{col 29}{space 2} .0007364{col 40}{space 1}    2.49{col 49}{space 3}0.013{col 57}{space 4} .0003874{col 70}{space 3}  .003281
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0008214{col 29}{space 2} .0016447{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-.0024099{col 70}{space 3} .0040527
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}  .337202{col 29}{space 2} 1.052557{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-1.730688{col 70}{space 3} 2.405092
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.240403{col 29}{space 2} 1.248929{col 40}{space 1}    1.79{col 49}{space 3}0.073{col 57}{space 4}-.2132883{col 70}{space 3} 4.694094
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5266644{col 29}{space 2} 1.063611{col 40}{space 1}   -0.50{col 49}{space 3}0.621{col 57}{space 4}-2.616272{col 70}{space 3} 1.562944
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.352321{col 29}{space 2} 1.319791{col 40}{space 1}    1.78{col 49}{space 3}0.075{col 57}{space 4} -.240588{col 70}{space 3}  4.94523
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.0957824{col 29}{space 2} 1.203735{col 40}{space 1}   -0.08{col 49}{space 3}0.937{col 57}{space 4}-2.460683{col 70}{space 3} 2.269118
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.144133{col 29}{space 2} 1.039307{col 40}{space 1}    1.10{col 49}{space 3}0.271{col 57}{space 4}-.8977273{col 70}{space 3} 3.185993
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.817023{col 29}{space 2} 1.259822{col 40}{space 1}    1.44{col 49}{space 3}0.150{col 57}{space 4}-.6580685{col 70}{space 3} 4.292115
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.262185{col 29}{space 2} 1.167923{col 40}{space 1}    1.08{col 49}{space 3}0.280{col 57}{space 4}-1.032358{col 70}{space 3} 3.556729
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 1.997619{col 29}{space 2} 2.734883{col 40}{space 1}    0.73{col 49}{space 3}0.465{col 57}{space 4}-3.375429{col 70}{space 3} 7.370667
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .9325201{col 29}{space 2} 2.898864{col 40}{space 1}    0.32{col 49}{space 3}0.748{col 57}{space 4}-4.762692{col 70}{space 3} 6.627732
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.716825{col 29}{space 2} 2.776916{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-8.172454{col 70}{space 3} 2.738803
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.387381{col 29}{space 2} 2.873992{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-7.033728{col 70}{space 3} 4.258966
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .9594529{col 29}{space 2} 2.890594{col 40}{space 1}    0.33{col 49}{space 3}0.740{col 57}{space 4} -4.71951{col 70}{space 3} 6.638416
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8519907{col 29}{space 2}  2.87863{col 40}{space 1}    0.30{col 49}{space 3}0.767{col 57}{space 4}-4.803469{col 70}{space 3}  6.50745
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.020644{col 29}{space 2}   2.8778{col 40}{space 1}    0.70{col 49}{space 3}0.483{col 57}{space 4}-3.633184{col 70}{space 3} 7.674471
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.9191871{col 29}{space 2}  2.77193{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4}-6.365019{col 70}{space 3} 4.526644
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.673798{col 29}{space 2}  2.97045{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4} -7.50965{col 70}{space 3} 4.162055
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} -.915638{col 29}{space 2} 2.936992{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4}-6.685756{col 70}{space 3}  4.85448
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.925905{col 29}{space 2} 2.870418{col 40}{space 1}    0.67{col 49}{space 3}0.503{col 57}{space 4}-3.713419{col 70}{space 3}  7.56523
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.4049219{col 29}{space 2} 2.872496{col 40}{space 1}   -0.14{col 49}{space 3}0.888{col 57}{space 4} -6.04833{col 70}{space 3} 5.238486
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-7.386469{col 29}{space 2} 2.950195{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-13.18253{col 70}{space 3}-1.590411
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.761541{col 29}{space 2}  2.90616{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-8.471086{col 70}{space 3} 2.948005
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-.8891679{col 29}{space 2} 2.989838{col 40}{space 1}   -0.30{col 49}{space 3}0.766{col 57}{space 4}-6.763111{col 70}{space 3} 4.984775
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.252059{col 29}{space 2} 3.028774{col 40}{space 1}   -0.41{col 49}{space 3}0.679{col 57}{space 4}-7.202496{col 70}{space 3} 4.698378
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8498206{col 29}{space 2} 3.095111{col 40}{space 1}    0.27{col 49}{space 3}0.784{col 57}{space 4}-5.230945{col 70}{space 3} 6.930587
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .0614643{col 29}{space 2} 3.175229{col 40}{space 1}    0.02{col 49}{space 3}0.985{col 57}{space 4}-6.176704{col 70}{space 3} 6.299633
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-4.200637{col 29}{space 2} 3.313076{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-10.70962{col 70}{space 3} 2.308351
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -2.99618{col 29}{space 2} 3.434836{col 40}{space 1}   -0.87{col 49}{space 3}0.383{col 57}{space 4}-9.744381{col 70}{space 3} 3.752021
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 5.215354{col 29}{space 2} 3.523318{col 40}{space 1}    1.48{col 49}{space 3}0.139{col 57}{space 4}-1.706682{col 70}{space 3} 12.13739
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}  -3.9357{col 29}{space 2} 3.621703{col 40}{space 1}   -1.09{col 49}{space 3}0.278{col 57}{space 4}-11.05103{col 70}{space 3} 3.179627
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-1.922339{col 29}{space 2} 3.712856{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-9.216748{col 70}{space 3}  5.37207
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-5.293213{col 29}{space 2}   3.7759{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}-12.71148{col 70}{space 3} 2.125055
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-6.561355{col 29}{space 2} 3.913042{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-14.24906{col 70}{space 3} 1.126346
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-7.431817{col 29}{space 2} 4.227485{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-15.73729{col 70}{space 3} .8736511
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-3.784071{col 29}{space 2} 4.485768{col 40}{space 1}   -0.84{col 49}{space 3}0.399{col 57}{space 4}-12.59697{col 70}{space 3} 5.028827
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-8.242094{col 29}{space 2} 4.407596{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-16.90141{col 70}{space 3} .4172248
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-13.45331{col 29}{space 2} 4.391681{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-22.08137{col 70}{space 3}-4.825261
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-8.361789{col 29}{space 2} 4.691627{col 40}{space 1}   -1.78{col 49}{space 3}0.075{col 57}{space 4}-17.57913{col 70}{space 3} .8555468
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-10.36923{col 29}{space 2} 4.845567{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}  -19.889{col 70}{space 3}-.8494538
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-9.414622{col 29}{space 2} 5.090457{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-19.41551{col 70}{space 3} .5862699
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-5.046265{col 29}{space 2} 5.105963{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-15.07762{col 70}{space 3} 4.985091
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} -8.33768{col 29}{space 2} 4.936084{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-18.03529{col 70}{space 3} 1.359926
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-7.663576{col 29}{space 2} 4.931233{col 40}{space 1}   -1.55{col 49}{space 3}0.121{col 57}{space 4}-17.35165{col 70}{space 3} 2.024499
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-8.947262{col 29}{space 2} 4.932013{col 40}{space 1}   -1.81{col 49}{space 3}0.070{col 57}{space 4}-18.63687{col 70}{space 3} .7423459
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-9.264568{col 29}{space 2}  4.97572{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-19.04004{col 70}{space 3}  .510908
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-9.397643{col 29}{space 2} 5.291285{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-19.79309{col 70}{space 3} .9978042
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.265654{col 29}{space 2}  5.39258{col 40}{space 1}   -0.42{col 49}{space 3}0.675{col 57}{space 4}-12.86011{col 70}{space 3}   8.3288
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.13927{col 29}{space 2} 5.438024{col 40}{space 1}   -1.86{col 49}{space 3}0.063{col 57}{space 4}-20.82301{col 70}{space 3} .5444671
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.372434{col 29}{space 2} 5.496764{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-17.17157{col 70}{space 3} 4.426704
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.889274{col 29}{space 2} 5.658384{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-21.00594{col 70}{space 3} 1.227389
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-10.17675{col 29}{space 2} 5.824038{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-21.61886{col 70}{space 3} 1.265364
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.03123{col 29}{space 2} 5.889386{col 40}{space 1}   -1.70{col 49}{space 3}0.089{col 57}{space 4}-21.60172{col 70}{space 3} 1.539271
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-8.681448{col 29}{space 2}  5.89227{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4}-20.25761{col 70}{space 3} 2.894715
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-10.40997{col 29}{space 2} 6.064693{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-22.32488{col 70}{space 3} 1.504943
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-9.154827{col 29}{space 2} 6.130082{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4} -21.1982{col 70}{space 3} 2.888549
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-10.30709{col 29}{space 2} 6.274514{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-22.63422{col 70}{space 3} 2.020048
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1.46781{col 29}{space 2} 6.379618{col 40}{space 1}    0.23{col 49}{space 3}0.818{col 57}{space 4}-11.06581{col 70}{space 3} 14.00143
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-6.654292{col 29}{space 2} 6.418447{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4} -19.2642{col 70}{space 3} 5.955618
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-10.48785{col 29}{space 2} 6.555232{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-23.36649{col 70}{space 3} 2.390796
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-11.82785{col 29}{space 2} 6.865113{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-25.31529{col 70}{space 3} 1.659594
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -12.3151{col 29}{space 2} 6.996837{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-26.06133{col 70}{space 3} 1.431134
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.13175{col 29}{space 2} 7.185761{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-26.24915{col 70}{space 3} 1.985655
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-9.787924{col 29}{space 2} 7.365483{col 40}{space 1}   -1.33{col 49}{space 3}0.184{col 57}{space 4}-24.25841{col 70}{space 3} 4.682566
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.58599{col 29}{space 2} 7.408555{col 40}{space 1}   -1.83{col 49}{space 3}0.067{col 57}{space 4} -28.1411{col 70}{space 3} .9691238
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -8.53595{col 29}{space 2} 7.459664{col 40}{space 1}   -1.14{col 49}{space 3}0.253{col 57}{space 4}-23.19147{col 70}{space 3} 6.119572
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-12.41243{col 29}{space 2} 7.603903{col 40}{space 1}   -1.63{col 49}{space 3}0.103{col 57}{space 4}-27.35133{col 70}{space 3} 2.526469
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} -10.1795{col 29}{space 2} 7.747615{col 40}{space 1}   -1.31{col 49}{space 3}0.189{col 57}{space 4}-25.40074{col 70}{space 3} 5.041737
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-13.93475{col 29}{space 2} 8.021935{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-29.69493{col 70}{space 3} 1.825428
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -14.3654{col 29}{space 2} 8.250077{col 40}{space 1}   -1.74{col 49}{space 3}0.082{col 57}{space 4}-30.57379{col 70}{space 3} 1.842994
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-14.90891{col 29}{space 2} 8.395672{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-31.40335{col 70}{space 3} 1.585526
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-16.46266{col 29}{space 2} 8.244927{col 40}{space 1}   -2.00{col 49}{space 3}0.046{col 57}{space 4}-32.66094{col 70}{space 3}-.2643845
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-14.13777{col 29}{space 2} 8.144051{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-30.13786{col 70}{space 3} 1.862326
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-7.518756{col 29}{space 2} 3.754491{col 40}{space 1}   -2.00{col 49}{space 3}0.046{col 57}{space 4}-14.89496{col 70}{space 3}-.1425505
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       585{col 27}-1903.243{col 38}-1814.611{col 49}    76{col 58} 3781.222{col 69} 4113.465
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   504) ={res}    2.99
{txt}{col 13}Prob > F ={res}    0.0115
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if oldsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   504) ={res}    2.00
{txt}{col 13}Prob > F ={res}    0.0778
{txt}
{com}. 
. 
. 
. 
. *** 2.A: OLD SOUTHERN STATES (N = 9): 1942-1980 *** (5,4)
. 
. //if year <=1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 51,       254){col 67}= {res}     35.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2698744{col 29}{space 2} .0599938{col 40}{space 1}   -4.50{col 49}{space 3}0.000{col 57}{space 4}-.3880229{col 70}{space 3}-.1517258
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.383024{col 29}{space 2} .7650976{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-.1237191{col 70}{space 3} 2.889767
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1237625{col 29}{space 2} .0826359{col 40}{space 1}    1.50{col 49}{space 3}0.135{col 57}{space 4}-.0389764{col 70}{space 3} .2865014
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8571921{col 29}{space 2} 1.326387{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4} -3.46931{col 70}{space 3} 1.754926
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0024746{col 29}{space 2} .0740089{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-.1432748{col 70}{space 3} .1482239
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.1527628{col 29}{space 2} 1.225497{col 40}{space 1}   -0.12{col 49}{space 3}0.901{col 57}{space 4}-2.566192{col 70}{space 3} 2.260666
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0991524{col 29}{space 2} .0639968{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-.2251844{col 70}{space 3} .0268796
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.484415{col 29}{space 2} 1.059864{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-3.571656{col 70}{space 3} .6028252
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0376751{col 29}{space 2} .0619157{col 40}{space 1}    0.61{col 49}{space 3}0.543{col 57}{space 4}-.0842584{col 70}{space 3} .1596086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .158125{col 29}{space 2} 1.056191{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-1.921883{col 70}{space 3} 2.238133
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.97495{col 29}{space 2} 26.93367{col 40}{space 1}   -3.08{col 49}{space 3}0.002{col 57}{space 4}-136.0167{col 70}{space 3} -29.9332
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 35.35678{col 29}{space 2} 43.78999{col 40}{space 1}    0.81{col 49}{space 3}0.420{col 57}{space 4}-50.88093{col 70}{space 3} 121.5945
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  164.229{col 29}{space 2} 46.47749{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4}  72.6987{col 70}{space 3} 255.7594
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-243.1003{col 29}{space 2} 57.50718{col 40}{space 1}   -4.23{col 49}{space 3}0.000{col 57}{space 4}-356.3519{col 70}{space 3}-129.8487
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 301.6433{col 29}{space 2} 56.66516{col 40}{space 1}    5.32{col 49}{space 3}0.000{col 57}{space 4} 190.0499{col 70}{space 3} 413.2367
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -23.1547{col 29}{space 2}   28.998{col 40}{space 1}   -0.80{col 49}{space 3}0.425{col 57}{space 4}-80.26183{col 70}{space 3} 33.95243
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 55.34855{col 29}{space 2} 41.99968{col 40}{space 1}    1.32{col 49}{space 3}0.189{col 57}{space 4}-27.36341{col 70}{space 3} 138.0605
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 30.71308{col 29}{space 2} 44.57343{col 40}{space 1}    0.69{col 49}{space 3}0.491{col 57}{space 4} -57.0675{col 70}{space 3} 118.4937
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 379.3695{col 29}{space 2} 90.87547{col 40}{space 1}    4.17{col 49}{space 3}0.000{col 57}{space 4} 200.4041{col 70}{space 3} 558.3349
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 41.78918{col 29}{space 2} 108.8731{col 40}{space 1}    0.38{col 49}{space 3}0.701{col 57}{space 4}-172.6198{col 70}{space 3} 256.1982
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 334.2967{col 29}{space 2} 112.9207{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 111.9165{col 70}{space 3} 556.6769
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 439.8332{col 29}{space 2} 104.2464{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 234.5359{col 70}{space 3} 645.1306
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 422.9627{col 29}{space 2} 81.96263{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4} 261.5498{col 70}{space 3} 584.3756
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 505.8242{col 29}{space 2} 86.59952{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 335.2797{col 70}{space 3} 676.3688
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 281.7775{col 29}{space 2} 83.47969{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4}  117.377{col 70}{space 3}  446.178
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 699.8951{col 29}{space 2} 83.76976{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 534.9233{col 70}{space 3} 864.8669
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.4077{col 29}{space 2} 103.4514{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4}  427.676{col 70}{space 3} 835.1394
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 500.2223{col 29}{space 2} 107.9195{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 287.6913{col 70}{space 3} 712.7534
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 587.7519{col 29}{space 2} 105.9577{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 379.0844{col 70}{space 3} 796.4194
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 706.8975{col 29}{space 2} 98.02801{col 40}{space 1}    7.21{col 49}{space 3}0.000{col 57}{space 4} 513.8463{col 70}{space 3} 899.9487
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 549.7044{col 29}{space 2} 112.0672{col 40}{space 1}    4.91{col 49}{space 3}0.000{col 57}{space 4} 329.0051{col 70}{space 3} 770.4037
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 730.4279{col 29}{space 2} 121.1387{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 491.8637{col 70}{space 3} 968.9921
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  789.815{col 29}{space 2} 119.7974{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 553.8922{col 70}{space 3} 1025.738
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 859.3678{col 29}{space 2} 128.1208{col 40}{space 1}    6.71{col 49}{space 3}0.000{col 57}{space 4} 607.0535{col 70}{space 3} 1111.682
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 982.0706{col 29}{space 2} 135.3686{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 715.4827{col 70}{space 3} 1248.658
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1134.891{col 29}{space 2} 142.0844{col 40}{space 1}    7.99{col 49}{space 3}0.000{col 57}{space 4} 855.0778{col 70}{space 3} 1414.705
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1214.892{col 29}{space 2} 157.9951{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 903.7443{col 70}{space 3} 1526.039
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.103{col 29}{space 2} 168.0722{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4}   923.11{col 70}{space 3} 1585.095
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}     1366{col 29}{space 2}   184.61{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1002.439{col 70}{space 3} 1729.561
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.723{col 29}{space 2} 203.5181{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 981.9251{col 70}{space 3} 1783.521
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1369.377{col 29}{space 2} 214.6546{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 946.6474{col 70}{space 3} 1792.107
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1507.416{col 29}{space 2} 230.0771{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 1054.314{col 70}{space 3} 1960.518
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1805.042{col 29}{space 2} 249.8108{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1313.077{col 70}{space 3} 2297.006
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1895.241{col 29}{space 2} 280.9967{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 1341.861{col 70}{space 3} 2448.621
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1492.784{col 29}{space 2} 293.0877{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 915.5921{col 70}{space 3} 2069.975
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1583.455{col 29}{space 2} 290.9353{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 1010.502{col 70}{space 3} 2156.407
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 2037.729{col 29}{space 2} 305.5157{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 1436.062{col 70}{space 3} 2639.396
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1893.756{col 29}{space 2} 332.2349{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4}  1239.47{col 70}{space 3} 2548.042
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.902{col 29}{space 2} 357.1792{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 1415.492{col 70}{space 3} 2822.312
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1883.393{col 29}{space 2}  341.339{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 1211.178{col 70}{space 3} 2555.609
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1540.552{col 29}{space 2}  341.124{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4} 868.7597{col 70}{space 3} 2212.343
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 800.3881{col 29}{space 2} 223.5616{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 360.1176{col 70}{space 3} 1240.659
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 51,       254){col 67}= {res}      2.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1848755{col 29}{space 2} .0414062{col 40}{space 1}   -4.46{col 49}{space 3}0.000{col 57}{space 4}-.2664187{col 70}{space 3}-.1033323
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0046051{col 29}{space 2} .0025419{col 40}{space 1}    1.81{col 49}{space 3}0.071{col 57}{space 4}-.0004009{col 70}{space 3} .0096111
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0416235{col 29}{space 2} .0388519{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-.0348894{col 70}{space 3} .1181364
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0024213{col 29}{space 2} .0033396{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4} -.008998{col 70}{space 3} .0041555
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1685732{col 29}{space 2} .0977798{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-.3611356{col 70}{space 3} .0239893
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003322{col 29}{space 2} .0044734{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-.0054876{col 70}{space 3} .0121316
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0287731{col 29}{space 2} .0348415{col 40}{space 1}    0.83{col 49}{space 3}0.410{col 57}{space 4}-.0398418{col 70}{space 3} .0973881
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0031541{col 29}{space 2} .0023428{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-.0077679{col 70}{space 3} .0014597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0260419{col 29}{space 2}   .07959{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-.1306984{col 70}{space 3} .1827822
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0026214{col 29}{space 2} .0021199{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-.0067962{col 70}{space 3} .0015535
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.517755{col 29}{space 2} 1.136199{col 40}{space 1}    1.34{col 49}{space 3}0.183{col 57}{space 4}-.7198159{col 70}{space 3} 3.755327
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.069792{col 29}{space 2} 2.615192{col 40}{space 1}    2.70{col 49}{space 3}0.007{col 57}{space 4} 1.919571{col 70}{space 3} 12.22001
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.204723{col 29}{space 2} 1.686295{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-5.525624{col 70}{space 3} 1.116179
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.362652{col 29}{space 2} 2.330516{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.2269446{col 70}{space 3} 8.952248
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8975454{col 29}{space 2} 2.955452{col 40}{space 1}    0.30{col 49}{space 3}0.762{col 57}{space 4}-4.922767{col 70}{space 3} 6.717858
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.621226{col 29}{space 2} .8578734{col 40}{space 1}    1.89{col 49}{space 3}0.060{col 57}{space 4} -.068225{col 70}{space 3} 3.310677
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.294033{col 29}{space 2} 2.667995{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 3.039824{col 70}{space 3} 13.54824
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.954216{col 29}{space 2} 2.878324{col 40}{space 1}    2.42{col 49}{space 3}0.016{col 57}{space 4} 1.285795{col 70}{space 3} 12.62264
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.154518{col 29}{space 2} 2.949507{col 40}{space 1}   -0.39{col 49}{space 3}0.696{col 57}{space 4}-6.963122{col 70}{space 3} 4.654086
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-8.706474{col 29}{space 2}  5.02102{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4}-18.59461{col 70}{space 3} 1.181659
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.001107{col 29}{space 2} 3.991301{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-11.86136{col 70}{space 3} 3.859151
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.236569{col 29}{space 2} 4.619596{col 40}{space 1}   -0.70{col 49}{space 3}0.484{col 57}{space 4}-12.33416{col 70}{space 3} 5.861022
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.712557{col 29}{space 2} 4.358512{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-12.29598{col 70}{space 3} 4.870868
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.607096{col 29}{space 2} 3.919846{col 40}{space 1}   -0.41{col 49}{space 3}0.682{col 57}{space 4}-9.326636{col 70}{space 3} 6.112443
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.724522{col 29}{space 2} 3.403345{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-12.42689{col 70}{space 3} .9778464
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.911604{col 29}{space 2} 3.850842{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-11.49525{col 70}{space 3} 3.672042
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.265251{col 29}{space 2} 4.740832{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4} -16.6016{col 70}{space 3} 2.071095
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-4.749902{col 29}{space 2} 3.571541{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-11.78351{col 70}{space 3} 2.283703
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.320433{col 29}{space 2} 3.532826{col 40}{space 1}   -1.51{col 49}{space 3}0.133{col 57}{space 4}-12.27779{col 70}{space 3} 1.636929
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20186{col 29}{space 2} 5.558766{col 40}{space 1}   -2.20{col 49}{space 3}0.029{col 57}{space 4}  -23.149{col 70}{space 3}-1.254717
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.45718{col 29}{space 2} 4.515332{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-19.34944{col 70}{space 3}-1.564921
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.489823{col 29}{space 2} 4.881105{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-18.10242{col 70}{space 3} 1.122769
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -8.79076{col 29}{space 2} 4.874264{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-18.38988{col 70}{space 3}   .80836
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.575784{col 29}{space 2} 5.444335{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-17.29757{col 70}{space 3} 4.146003
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.484933{col 29}{space 2} 6.056157{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-19.41161{col 70}{space 3} 4.441745
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.53504{col 29}{space 2} 5.944358{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-23.24154{col 70}{space 3} .1714707
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -11.5351{col 29}{space 2} 6.619905{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-24.57199{col 70}{space 3} 1.501793
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.737779{col 29}{space 2} 8.275266{col 40}{space 1}   -0.57{col 49}{space 3}0.567{col 57}{space 4}-21.03465{col 70}{space 3}  11.5591
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.13697{col 29}{space 2} 7.779857{col 40}{space 1}   -1.69{col 49}{space 3}0.093{col 57}{space 4}-28.45821{col 70}{space 3} 2.184273
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.69311{col 29}{space 2} 8.496021{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-27.42472{col 70}{space 3} 6.038511
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.50034{col 29}{space 2} 8.785316{col 40}{space 1}   -1.88{col 49}{space 3}0.062{col 57}{space 4}-33.80168{col 70}{space 3} .8010025
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.45247{col 29}{space 2} 9.160727{col 40}{space 1}   -1.91{col 49}{space 3}0.058{col 57}{space 4}-35.49313{col 70}{space 3} .5881826
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.31888{col 29}{space 2} 9.933306{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-38.88101{col 70}{space 3}   .24325
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.15474{col 29}{space 2} 10.99136{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-39.80056{col 70}{space 3} 3.491069
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -24.4695{col 29}{space 2} 11.56559{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-47.24618{col 70}{space 3}-1.692824
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.23246{col 29}{space 2} 13.50872{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-52.83582{col 70}{space 3} .3708991
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.54808{col 29}{space 2} 12.24724{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-46.66715{col 70}{space 3} 1.570996
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.30246{col 29}{space 2} 14.48857{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4}-58.83549{col 70}{space 3}-1.769427
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-26.69067{col 29}{space 2} 13.81891{col 40}{space 1}   -1.93{col 49}{space 3}0.055{col 57}{space 4}-53.90492{col 70}{space 3} .5235712
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} -24.4638{col 29}{space 2}  13.8106{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-51.66167{col 70}{space 3}  2.73407
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.30476{col 29}{space 2} 14.91946{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-56.68637{col 70}{space 3} 2.076844
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.28905{col 29}{space 2} 10.80674{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4}-36.57128{col 70}{space 3}  5.99319
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(51, 254)      = {res}    19.40
{txt}       Model {c |} {res} 12660211.9        51  248239.448   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3250138.74       254  12795.8218   {txt}R-squared       ={res}    0.7957
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7547
{txt}       Total {c |} {res} 15910350.6       305   52165.084   {txt}Root MSE        =   {res} 113.12

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2698744{col 29}{space 2} .0612227{col 40}{space 1}   -4.41{col 49}{space 3}0.000{col 57}{space 4}-.3904431{col 70}{space 3}-.1493056
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.383024{col 29}{space 2} .8813387{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-.3526382{col 70}{space 3} 3.118686
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1237625{col 29}{space 2} .0740667{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-.0221006{col 70}{space 3} .2696255
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8571921{col 29}{space 2} 1.257215{col 40}{space 1}   -0.68{col 49}{space 3}0.496{col 57}{space 4}-3.333085{col 70}{space 3}   1.6187
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0024746{col 29}{space 2} .0692947{col 40}{space 1}    0.04{col 49}{space 3}0.972{col 57}{space 4}-.1339907{col 70}{space 3} .1389398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.1527628{col 29}{space 2} 1.326461{col 40}{space 1}   -0.12{col 49}{space 3}0.908{col 57}{space 4}-2.765025{col 70}{space 3}   2.4595
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0991524{col 29}{space 2} .0647349{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-.2266379{col 70}{space 3} .0283331
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.484415{col 29}{space 2} 1.287548{col 40}{space 1}   -1.15{col 49}{space 3}0.250{col 57}{space 4}-4.020044{col 70}{space 3} 1.051214
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0376751{col 29}{space 2} .0623512{col 40}{space 1}    0.60{col 49}{space 3}0.546{col 57}{space 4}-.0851161{col 70}{space 3} .1604664
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .158125{col 29}{space 2} 1.235199{col 40}{space 1}    0.13{col 49}{space 3}0.898{col 57}{space 4} -2.27441{col 70}{space 3}  2.59066
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.97495{col 29}{space 2} 32.43912{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-146.8588{col 70}{space 3}-19.09105
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 35.35678{col 29}{space 2} 54.16616{col 40}{space 1}    0.65{col 49}{space 3}0.515{col 57}{space 4}-71.31521{col 70}{space 3} 142.0288
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  164.229{col 29}{space 2} 42.66155{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 80.21361{col 70}{space 3} 248.2444
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-243.1003{col 29}{space 2} 59.43096{col 40}{space 1}   -4.09{col 49}{space 3}0.000{col 57}{space 4}-360.1405{col 70}{space 3}-126.0601
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 301.6433{col 29}{space 2} 71.70924{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 160.4229{col 70}{space 3} 442.8637
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -23.1547{col 29}{space 2} 27.95645{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-78.21066{col 70}{space 3} 31.90126
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 55.34855{col 29}{space 2} 51.55191{col 40}{space 1}    1.07{col 49}{space 3}0.284{col 57}{space 4}-46.17507{col 70}{space 3} 156.8722
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 30.71308{col 29}{space 2} 54.81846{col 40}{space 1}    0.56{col 49}{space 3}0.576{col 57}{space 4}-77.24352{col 70}{space 3} 138.6697
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 379.3695{col 29}{space 2} 67.38587{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 246.6633{col 70}{space 3} 512.0757
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 41.78918{col 29}{space 2} 90.74092{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-136.9112{col 70}{space 3} 220.4896
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 334.2967{col 29}{space 2} 94.01952{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 149.1396{col 70}{space 3} 519.4538
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 439.8332{col 29}{space 2} 82.18562{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 277.9812{col 70}{space 3} 601.6853
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 422.9627{col 29}{space 2} 73.85279{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 277.5209{col 70}{space 3} 568.4045
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 505.8242{col 29}{space 2} 74.55103{col 40}{space 1}    6.78{col 49}{space 3}0.000{col 57}{space 4} 359.0073{col 70}{space 3} 652.6411
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 281.7775{col 29}{space 2} 70.15585{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 143.6163{col 70}{space 3} 419.9388
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 699.8951{col 29}{space 2} 67.05897{col 40}{space 1}   10.44{col 49}{space 3}0.000{col 57}{space 4} 567.8327{col 70}{space 3} 831.9575
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.4077{col 29}{space 2} 80.93611{col 40}{space 1}    7.80{col 49}{space 3}0.000{col 57}{space 4} 472.0164{col 70}{space 3}  790.799
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 500.2223{col 29}{space 2} 87.28269{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 328.3324{col 70}{space 3} 672.1123
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 587.7519{col 29}{space 2} 87.02898{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 416.3616{col 70}{space 3} 759.1422
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 706.8975{col 29}{space 2} 85.97847{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4} 537.5761{col 70}{space 3}  876.219
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 549.7044{col 29}{space 2} 98.81871{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4}  355.096{col 70}{space 3} 744.3128
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 730.4279{col 29}{space 2} 102.4385{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 528.6908{col 70}{space 3} 932.1649
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  789.815{col 29}{space 2} 106.9133{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 579.2654{col 70}{space 3} 1000.364
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 859.3678{col 29}{space 2}   112.65{col 40}{space 1}    7.63{col 49}{space 3}0.000{col 57}{space 4} 637.5208{col 70}{space 3} 1081.215
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 982.0706{col 29}{space 2} 121.4279{col 40}{space 1}    8.09{col 49}{space 3}0.000{col 57}{space 4} 742.9369{col 70}{space 3} 1221.204
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1134.891{col 29}{space 2}  128.669{col 40}{space 1}    8.82{col 49}{space 3}0.000{col 57}{space 4} 881.4974{col 70}{space 3} 1388.285
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1214.892{col 29}{space 2} 142.4985{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 934.2624{col 70}{space 3} 1495.521
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.103{col 29}{space 2} 155.3212{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 948.2211{col 70}{space 3} 1559.984
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}     1366{col 29}{space 2} 169.8109{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1031.583{col 70}{space 3} 1700.417
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.723{col 29}{space 2} 186.8366{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1014.777{col 70}{space 3} 1750.669
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1369.377{col 29}{space 2} 204.2469{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4}  967.144{col 70}{space 3}  1771.61
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1507.416{col 29}{space 2} 217.8674{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4}  1078.36{col 70}{space 3} 1936.473
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1805.042{col 29}{space 2} 234.2643{col 40}{space 1}    7.71{col 49}{space 3}0.000{col 57}{space 4} 1343.694{col 70}{space 3}  2266.39
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1895.241{col 29}{space 2} 256.7947{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 1389.523{col 70}{space 3} 2400.959
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1492.784{col 29}{space 2} 278.6719{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 943.9818{col 70}{space 3} 2041.586
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1583.455{col 29}{space 2} 286.9323{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 1018.385{col 70}{space 3} 2148.524
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 2037.729{col 29}{space 2} 296.9113{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 1453.007{col 70}{space 3}  2622.45
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1893.756{col 29}{space 2} 321.5941{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 1260.425{col 70}{space 3} 2527.086
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.902{col 29}{space 2} 338.5347{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 1452.209{col 70}{space 3} 2785.594
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1883.393{col 29}{space 2} 349.9186{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 1194.282{col 70}{space 3} 2572.505
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1540.552{col 29}{space 2} 355.0405{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 841.3533{col 70}{space 3}  2239.75
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 800.3881{col 29}{space 2} 238.1757{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 331.3374{col 70}{space 3} 1269.439
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-2095.606{col 38}-1852.601{col 49}    52{col 58} 3809.201{col 69} 4002.827
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year<=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(51, 254)      = {res}     2.52
{txt}       Model {c |} {res}  4106.0911        51  80.5115902   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8102.73432       254  31.9005288   {txt}R-squared       ={res}    0.3363
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2031
{txt}       Total {c |} {res} 12208.8254       305  40.0289358   {txt}Root MSE        =   {res} 5.6481

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1848755{col 29}{space 2} .0447406{col 40}{space 1}   -4.13{col 49}{space 3}0.000{col 57}{space 4}-.2729852{col 70}{space 3}-.0967658
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0046051{col 29}{space 2} .0030315{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}-.0013651{col 70}{space 3} .0105752
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0416235{col 29}{space 2} .0673072{col 40}{space 1}    0.62{col 49}{space 3}0.537{col 57}{space 4}-.0909278{col 70}{space 3} .1741747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0024213{col 29}{space 2} .0031508{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-.0086264{col 70}{space 3} .0037838
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1685732{col 29}{space 2} .0680617{col 40}{space 1}   -2.48{col 49}{space 3}0.014{col 57}{space 4}-.3026104{col 70}{space 3} -.034536
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003322{col 29}{space 2} .0034738{col 40}{space 1}    0.96{col 49}{space 3}0.340{col 57}{space 4}-.0035192{col 70}{space 3} .0101632
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0287731{col 29}{space 2}  .061867{col 40}{space 1}    0.47{col 49}{space 3}0.642{col 57}{space 4}-.0930644{col 70}{space 3} .1506107
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0031541{col 29}{space 2} .0033016{col 40}{space 1}   -0.96{col 49}{space 3}0.340{col 57}{space 4} -.009656{col 70}{space 3} .0033479
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0260419{col 29}{space 2} .0584175{col 40}{space 1}    0.45{col 49}{space 3}0.656{col 57}{space 4}-.0890025{col 70}{space 3} .1410863
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0026214{col 29}{space 2} .0032169{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-.0089566{col 70}{space 3} .0037139
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.517755{col 29}{space 2} 1.617787{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4} -1.66823{col 70}{space 3} 4.703741
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.069792{col 29}{space 2} 2.770381{col 40}{space 1}    2.55{col 49}{space 3}0.011{col 57}{space 4}  1.61395{col 70}{space 3} 12.52564
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.204723{col 29}{space 2} 2.134729{col 40}{space 1}   -1.03{col 49}{space 3}0.303{col 57}{space 4}-6.408746{col 70}{space 3} 1.999301
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.362652{col 29}{space 2} 2.965933{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-1.478301{col 70}{space 3}  10.2036
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8975454{col 29}{space 2} 3.610908{col 40}{space 1}    0.25{col 49}{space 3}0.804{col 57}{space 4}-6.213587{col 70}{space 3} 8.008678
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.621226{col 29}{space 2}  1.39409{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-1.124222{col 70}{space 3} 4.366674
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.294033{col 29}{space 2} 2.569025{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4}  3.23473{col 70}{space 3} 13.35334
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.954216{col 29}{space 2} 2.792163{col 40}{space 1}    2.49{col 49}{space 3}0.013{col 57}{space 4} 1.455477{col 70}{space 3} 12.45296
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.154518{col 29}{space 2} 3.536255{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4}-8.118633{col 70}{space 3} 5.809597
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-8.706474{col 29}{space 2} 4.258025{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-17.09201{col 70}{space 3}-.3209426
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.001107{col 29}{space 2} 3.899554{col 40}{space 1}   -1.03{col 49}{space 3}0.306{col 57}{space 4}-11.68068{col 70}{space 3}  3.67847
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.236569{col 29}{space 2} 3.635026{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4} -10.3952{col 70}{space 3}  3.92206
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.712557{col 29}{space 2} 3.894207{col 40}{space 1}   -0.95{col 49}{space 3}0.341{col 57}{space 4}-11.38161{col 70}{space 3} 3.956491
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.607096{col 29}{space 2} 3.754144{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-9.000311{col 70}{space 3} 5.786118
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.724522{col 29}{space 2} 3.475965{col 40}{space 1}   -1.65{col 49}{space 3}0.101{col 57}{space 4}-12.56991{col 70}{space 3} 1.120862
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.911604{col 29}{space 2} 3.807303{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-11.40951{col 70}{space 3} 3.586299
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.265251{col 29}{space 2} 4.298484{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-15.73046{col 70}{space 3} 1.199957
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-4.749902{col 29}{space 2} 4.421326{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4}-13.45703{col 70}{space 3} 3.957225
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.320433{col 29}{space 2} 4.098821{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-13.39244{col 70}{space 3} 2.751571
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20186{col 29}{space 2} 4.581619{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-21.22466{col 70}{space 3}-3.179059
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.45718{col 29}{space 2} 4.870702{col 40}{space 1}   -2.15{col 49}{space 3}0.033{col 57}{space 4}-20.04928{col 70}{space 3}-.8650755
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.489823{col 29}{space 2} 5.013717{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-18.36358{col 70}{space 3} 1.383929
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -8.79076{col 29}{space 2} 5.352505{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4} -19.3317{col 70}{space 3} 1.750183
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.575784{col 29}{space 2} 5.893182{col 40}{space 1}   -1.12{col 49}{space 3}0.266{col 57}{space 4}-18.18151{col 70}{space 3}  5.02994
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.484933{col 29}{space 2} 6.218429{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-19.73118{col 70}{space 3} 4.761314
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.53504{col 29}{space 2} 6.913751{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-25.15062{col 70}{space 3} 2.080542
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -11.5351{col 29}{space 2} 7.651936{col 40}{space 1}   -1.51{col 49}{space 3}0.133{col 57}{space 4}-26.60442{col 70}{space 3} 3.534222
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.737779{col 29}{space 2} 8.325634{col 40}{space 1}   -0.57{col 49}{space 3}0.570{col 57}{space 4}-21.13385{col 70}{space 3} 11.65829
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.13697{col 29}{space 2} 9.097251{col 40}{space 1}   -1.44{col 49}{space 3}0.150{col 57}{space 4}-31.05262{col 70}{space 3} 4.778679
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.69311{col 29}{space 2} 9.923193{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-30.23532{col 70}{space 3}  8.84911
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.50034{col 29}{space 2} 10.57954{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-37.33514{col 70}{space 3} 4.334462
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.45247{col 29}{space 2} 11.28485{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-39.67626{col 70}{space 3} 4.771311
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.31888{col 29}{space 2} 12.40287{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-43.74444{col 70}{space 3} 5.106676
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.15474{col 29}{space 2} 13.51861{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-44.77758{col 70}{space 3} 8.468089
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -24.4695{col 29}{space 2} 13.96318{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-51.96785{col 70}{space 3}  3.02885
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.23246{col 29}{space 2} 14.33613{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-54.46529{col 70}{space 3} 2.000361
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.54808{col 29}{space 2} 15.44172{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-52.95818{col 70}{space 3} 7.862026
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.30246{col 29}{space 2} 16.41001{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-62.61947{col 70}{space 3} 2.014556
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-26.69067{col 29}{space 2} 17.02226{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-60.21343{col 70}{space 3} 6.832083
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} -24.4638{col 29}{space 2} 17.30337{col 40}{space 1}   -1.41{col 49}{space 3}0.159{col 57}{space 4}-58.54015{col 70}{space 3}  9.61255
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.30476{col 29}{space 2} 17.55631{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-61.87924{col 70}{space 3} 7.269716
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.28905{col 29}{space 2} 12.03979{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-38.99958{col 70}{space 3} 8.421487
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-998.2036{col 38}-935.4801{col 49}    52{col 58}  1974.96{col 69} 2168.587
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.B: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       264){col 67}= {res}     40.99
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2576453{col 29}{space 2} .0544787{col 40}{space 1}   -4.73{col 49}{space 3}0.000{col 57}{space 4}-.3649133{col 70}{space 3}-.1503773
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.637253{col 29}{space 2} .7795109{col 40}{space 1}    2.10{col 49}{space 3}0.037{col 57}{space 4} .1024036{col 70}{space 3} 3.172103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1126924{col 29}{space 2} .0719847{col 40}{space 1}    1.57{col 49}{space 3}0.119{col 57}{space 4}-.0290448{col 70}{space 3} .2544297
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8197158{col 29}{space 2} 1.266345{col 40}{space 1}   -0.65{col 49}{space 3}0.518{col 57}{space 4}-3.313138{col 70}{space 3} 1.673706
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0317755{col 29}{space 2} .0648253{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-.1594158{col 70}{space 3} .0958649
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.6379737{col 29}{space 2} 1.270052{col 40}{space 1}   -0.50{col 49}{space 3}0.616{col 57}{space 4}-3.138694{col 70}{space 3} 1.862747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1543835{col 29}{space 2}  .062601{col 40}{space 1}   -2.47{col 49}{space 3}0.014{col 57}{space 4}-.2776444{col 70}{space 3}-.0311227
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.131078{col 29}{space 2} 1.169956{col 40}{space 1}   -0.97{col 49}{space 3}0.335{col 57}{space 4} -3.43471{col 70}{space 3} 1.172554
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-73.44441{col 29}{space 2} 26.26888{col 40}{space 1}   -2.80{col 49}{space 3}0.006{col 57}{space 4}-125.1676{col 70}{space 3}-21.72124
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 22.78175{col 29}{space 2} 45.46635{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4}-66.74106{col 70}{space 3} 112.3046
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 153.8211{col 29}{space 2} 44.87383{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 65.46496{col 70}{space 3} 242.1773
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-229.7638{col 29}{space 2} 53.19824{col 40}{space 1}   -4.32{col 49}{space 3}0.000{col 57}{space 4}-334.5107{col 70}{space 3} -125.017
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 279.6054{col 29}{space 2} 55.19398{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4}  170.929{col 70}{space 3} 388.2818
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -17.0885{col 29}{space 2} 31.19758{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-78.51624{col 70}{space 3} 44.33925
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 37.68982{col 29}{space 2}  44.4417{col 40}{space 1}    0.85{col 49}{space 3}0.397{col 57}{space 4}-49.81546{col 70}{space 3} 125.1951
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 19.17939{col 29}{space 2} 45.70182{col 40}{space 1}    0.42{col 49}{space 3}0.675{col 57}{space 4}-70.80706{col 70}{space 3} 109.1658
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-7.087493{col 29}{space 2}  87.9602{col 40}{space 1}   -0.08{col 49}{space 3}0.936{col 57}{space 4}-180.2803{col 70}{space 3} 166.1053
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 333.5695{col 29}{space 2} 94.49434{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4}  147.511{col 70}{space 3} 519.6279
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-42.19256{col 29}{space 2} 99.55708{col 40}{space 1}   -0.42{col 49}{space 3}0.672{col 57}{space 4}-238.2195{col 70}{space 3} 153.8344
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 251.3039{col 29}{space 2} 90.99447{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 72.13662{col 70}{space 3} 430.4711
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 381.3787{col 29}{space 2} 80.67281{col 40}{space 1}    4.73{col 49}{space 3}0.000{col 57}{space 4} 222.5347{col 70}{space 3} 540.2227
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 374.9128{col 29}{space 2} 65.35959{col 40}{space 1}    5.74{col 49}{space 3}0.000{col 57}{space 4} 246.2203{col 70}{space 3} 503.6052
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 459.3154{col 29}{space 2} 61.32642{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 338.5643{col 70}{space 3} 580.0666
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 245.3246{col 29}{space 2} 60.46334{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 126.2729{col 70}{space 3} 364.3764
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 660.4097{col 29}{space 2} 73.50661{col 40}{space 1}    8.98{col 49}{space 3}0.000{col 57}{space 4} 515.6759{col 70}{space 3} 805.1435
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 583.8383{col 29}{space 2} 85.08271{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 416.3113{col 70}{space 3} 751.3653
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 448.5037{col 29}{space 2}  84.8975{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 281.3413{col 70}{space 3} 615.6661
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 543.1995{col 29}{space 2} 80.11342{col 40}{space 1}    6.78{col 49}{space 3}0.000{col 57}{space 4} 385.4569{col 70}{space 3}  700.942
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 663.5598{col 29}{space 2} 83.57835{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 498.9948{col 70}{space 3} 828.1248
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 491.6091{col 29}{space 2} 93.26557{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 307.9701{col 70}{space 3} 675.2482
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 673.4248{col 29}{space 2} 95.13785{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 486.0993{col 70}{space 3} 860.7504
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 731.8852{col 29}{space 2} 95.22691{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 544.3844{col 70}{space 3} 919.3861
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 799.5506{col 29}{space 2} 102.8366{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 597.0663{col 70}{space 3} 1002.035
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 923.1116{col 29}{space 2} 108.1648{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 710.1361{col 70}{space 3} 1136.087
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1079.869{col 29}{space 2}   115.68{col 40}{space 1}    9.33{col 49}{space 3}0.000{col 57}{space 4} 852.0962{col 70}{space 3} 1307.642
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1160.336{col 29}{space 2} 130.9513{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4} 902.4946{col 70}{space 3} 1418.178
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1204.719{col 29}{space 2} 140.1034{col 40}{space 1}    8.60{col 49}{space 3}0.000{col 57}{space 4} 928.8567{col 70}{space 3} 1480.581
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1320.047{col 29}{space 2} 158.8138{col 40}{space 1}    8.31{col 49}{space 3}0.000{col 57}{space 4} 1007.344{col 70}{space 3}  1632.75
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1326.506{col 29}{space 2}  179.748{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 972.5843{col 70}{space 3} 1680.429
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1311.991{col 29}{space 2} 189.5028{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4} 938.8615{col 70}{space 3}  1685.12
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1440.291{col 29}{space 2} 202.9847{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1040.617{col 70}{space 3} 1839.966
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1732.015{col 29}{space 2} 221.9053{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 1295.086{col 70}{space 3} 2168.944
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1814.776{col 29}{space 2} 248.5529{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 1325.378{col 70}{space 3} 2304.174
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1417.645{col 29}{space 2} 257.3519{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 910.9212{col 70}{space 3} 1924.368
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1515.468{col 29}{space 2} 259.8215{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4} 1003.882{col 70}{space 3} 2027.054
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1961.474{col 29}{space 2} 279.2586{col 40}{space 1}    7.02{col 49}{space 3}0.000{col 57}{space 4} 1411.616{col 70}{space 3} 2511.332
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1791.676{col 29}{space 2} 297.7184{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 1205.472{col 70}{space 3} 2377.881
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2004.994{col 29}{space 2} 307.8638{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 1398.814{col 70}{space 3} 2611.175
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1789.366{col 29}{space 2} 296.7833{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 1205.002{col 70}{space 3} 2373.729
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1455.751{col 29}{space 2} 307.8409{col 40}{space 1}    4.73{col 49}{space 3}0.000{col 57}{space 4} 849.6153{col 70}{space 3} 2061.887
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 806.1285{col 29}{space 2} 217.8348{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 377.2139{col 70}{space 3} 1235.043
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       264){col 67}= {res}      3.01
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1675879{col 29}{space 2} .0409796{col 40}{space 1}   -4.09{col 49}{space 3}0.000{col 57}{space 4}-.2482763{col 70}{space 3}-.0868994
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0032909{col 29}{space 2} .0023507{col 40}{space 1}    1.40{col 49}{space 3}0.163{col 57}{space 4}-.0013375{col 70}{space 3} .0079194
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0307195{col 29}{space 2} .0411397{col 40}{space 1}    0.75{col 49}{space 3}0.456{col 57}{space 4}-.0502841{col 70}{space 3} .1117231
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0016445{col 29}{space 2} .0030853{col 40}{space 1}   -0.53{col 49}{space 3}0.594{col 57}{space 4}-.0077195{col 70}{space 3} .0044305
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1701969{col 29}{space 2} .0874673{col 40}{space 1}   -1.95{col 49}{space 3}0.053{col 57}{space 4}-.3424191{col 70}{space 3} .0020254
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0045234{col 29}{space 2} .0043415{col 40}{space 1}    1.04{col 49}{space 3}0.298{col 57}{space 4}-.0040249{col 70}{space 3} .0130717
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0252372{col 29}{space 2} .0324651{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-.0386863{col 70}{space 3} .0891608
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0027997{col 29}{space 2} .0021635{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-.0070595{col 70}{space 3} .0014602
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.152076{col 29}{space 2} 1.062599{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-.9401701{col 70}{space 3} 3.244323
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 6.809593{col 29}{space 2} 2.683491{col 40}{space 1}    2.54{col 49}{space 3}0.012{col 57}{space 4} 1.525825{col 70}{space 3} 12.09336
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.505092{col 29}{space 2} 1.544301{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-4.545806{col 70}{space 3} 1.535622
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.269672{col 29}{space 2} 2.146197{col 40}{space 1}    1.52{col 49}{space 3}0.129{col 57}{space 4}-.9561696{col 70}{space 3} 7.495514
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.864269{col 29}{space 2} 2.877285{col 40}{space 1}    0.65{col 49}{space 3}0.518{col 57}{space 4}-3.801079{col 70}{space 3} 7.529616
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.526375{col 29}{space 2} .8141485{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.0766752{col 70}{space 3} 3.129426
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 7.986851{col 29}{space 2} 2.519003{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 3.026957{col 70}{space 3} 12.94674
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.695934{col 29}{space 2} 2.878975{col 40}{space 1}    2.33{col 49}{space 3}0.021{col 57}{space 4} 1.027259{col 70}{space 3} 12.36461
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 3.080192{col 29}{space 2} 2.648427{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-2.134535{col 70}{space 3} 8.294919
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.182144{col 29}{space 2} 2.809854{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-3.350432{col 70}{space 3} 7.714719
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.368832{col 29}{space 2} 3.715592{col 40}{space 1}   -1.18{col 49}{space 3}0.241{col 57}{space 4} -11.6848{col 70}{space 3} 2.947134
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .0174847{col 29}{space 2} 3.164271{col 40}{space 1}    0.01{col 49}{space 3}0.996{col 57}{space 4}-6.212935{col 70}{space 3} 6.247905
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.5261989{col 29}{space 2} 3.411298{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-7.243011{col 70}{space 3} 6.190614
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.1331752{col 29}{space 2} 2.929706{col 40}{space 1}   -0.05{col 49}{space 3}0.964{col 57}{space 4}-5.901738{col 70}{space 3} 5.635387
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.458843{col 29}{space 2} 2.682765{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-3.823495{col 70}{space 3} 6.741182
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.301696{col 29}{space 2} 1.954291{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-6.149677{col 70}{space 3} 1.546285
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.5006257{col 29}{space 2} 2.423922{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-5.273306{col 70}{space 3} 4.272054
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.707317{col 29}{space 2} 3.166049{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-9.941238{col 70}{space 3} 2.526604
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.0632409{col 29}{space 2}  2.54002{col 40}{space 1}   -0.02{col 49}{space 3}0.980{col 57}{space 4}-5.064515{col 70}{space 3} 4.938034
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.512036{col 29}{space 2} 2.160145{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4} -5.76534{col 70}{space 3} 2.741269
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-8.152211{col 29}{space 2} 4.253124{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-16.52657{col 70}{space 3} .2221489
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.644293{col 29}{space 2} 2.800953{col 40}{space 1}   -2.02{col 49}{space 3}0.045{col 57}{space 4}-11.15934{col 70}{space 3}-.1292423
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.513066{col 29}{space 2} 3.083945{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-9.585324{col 70}{space 3} 2.559192
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.178065{col 29}{space 2} 3.284904{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-10.64601{col 70}{space 3}  2.28988
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -1.54085{col 29}{space 2} 3.727599{col 40}{space 1}   -0.41{col 49}{space 3}0.680{col 57}{space 4}-8.880457{col 70}{space 3} 5.798757
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.563485{col 29}{space 2}  4.37989{col 40}{space 1}   -0.59{col 49}{space 3}0.559{col 57}{space 4}-11.18745{col 70}{space 3} 6.060476
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.449233{col 29}{space 2} 4.376283{col 40}{space 1}   -1.47{col 49}{space 3}0.142{col 57}{space 4}-15.06609{col 70}{space 3} 2.167626
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-6.232692{col 29}{space 2} 4.819795{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-15.72282{col 70}{space 3} 3.257438
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} .9802781{col 29}{space 2} 6.822219{col 40}{space 1}    0.14{col 49}{space 3}0.886{col 57}{space 4}-12.45261{col 70}{space 3} 14.41316
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-7.329217{col 29}{space 2} 6.317278{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-19.76788{col 70}{space 3} 5.109443
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-4.572241{col 29}{space 2} 7.064565{col 40}{space 1}   -0.65{col 49}{space 3}0.518{col 57}{space 4} -18.4823{col 70}{space 3} 9.337821
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-9.712397{col 29}{space 2} 7.193328{col 40}{space 1}   -1.35{col 49}{space 3}0.178{col 57}{space 4}-23.87599{col 70}{space 3} 4.451197
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-10.28718{col 29}{space 2} 7.559731{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-25.17222{col 70}{space 3} 4.597856
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-12.09956{col 29}{space 2} 8.292542{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4} -28.4275{col 70}{space 3} 4.228372
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-10.33886{col 29}{space 2} 9.184099{col 40}{space 1}   -1.13{col 49}{space 3}0.261{col 57}{space 4}-28.42226{col 70}{space 3} 7.744548
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.93413{col 29}{space 2} 9.912601{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-35.45194{col 70}{space 3}  3.58369
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -17.8151{col 29}{space 2} 12.40819{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4} -42.2467{col 70}{space 3} 6.616506
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-14.26499{col 29}{space 2} 10.88134{col 40}{space 1}   -1.31{col 49}{space 3}0.191{col 57}{space 4}-35.69024{col 70}{space 3} 7.160264
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-20.33108{col 29}{space 2} 12.29995{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-44.54957{col 70}{space 3} 3.887413
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-16.54634{col 29}{space 2} 11.90996{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-39.99693{col 70}{space 3} 6.904254
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-14.91691{col 29}{space 2} 12.48002{col 40}{space 1}   -1.20{col 49}{space 3}0.233{col 57}{space 4}-39.48996{col 70}{space 3} 9.656144
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-16.55744{col 29}{space 2} 13.33447{col 40}{space 1}   -1.24{col 49}{space 3}0.215{col 57}{space 4}-42.81289{col 70}{space 3} 9.698009
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}   -13.73{col 29}{space 2} 10.33417{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-34.07789{col 70}{space 3} 6.617885
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.C: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       342
{txt}maximum lag: {res}6{col 49}{txt}F( 48,       293){col 67}= {res}     36.17
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2776265{col 29}{space 2}  .048338{col 40}{space 1}   -5.74{col 49}{space 3}0.000{col 57}{space 4}-.3727602{col 70}{space 3}-.1824928
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9721343{col 29}{space 2} .6318432{col 40}{space 1}    1.54{col 49}{space 3}0.125{col 57}{space 4}-.2713922{col 70}{space 3} 2.215661
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} -1.11952{col 29}{space 2} 1.398239{col 40}{space 1}   -0.80{col 49}{space 3}0.424{col 57}{space 4}-3.871385{col 70}{space 3} 1.632344
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-80.26023{col 29}{space 2} 23.85206{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-127.2033{col 70}{space 3}-33.31715
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 62.31709{col 29}{space 2} 41.05907{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}  -18.491{col 70}{space 3} 143.1252
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 169.7569{col 29}{space 2} 41.98135{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 87.13369{col 70}{space 3} 252.3801
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-249.6558{col 29}{space 2} 45.04192{col 40}{space 1}   -5.54{col 49}{space 3}0.000{col 57}{space 4}-338.3025{col 70}{space 3}-161.0091
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 324.3554{col 29}{space 2} 50.65137{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 224.6688{col 70}{space 3} 424.0421
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -21.1616{col 29}{space 2} 28.14942{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4} -76.5623{col 70}{space 3} 34.23909
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 91.15181{col 29}{space 2} 43.53426{col 40}{space 1}    2.09{col 49}{space 3}0.037{col 57}{space 4} 5.472317{col 70}{space 3} 176.8313
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 68.77866{col 29}{space 2} 43.87032{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-17.56222{col 70}{space 3} 155.1195
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2} 71.35499{col 29}{space 2}  88.5873{col 40}{space 1}    0.81{col 49}{space 3}0.421{col 57}{space 4}-102.9931{col 70}{space 3} 245.7031
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-217.1935{col 29}{space 2} 94.77343{col 40}{space 1}   -2.29{col 49}{space 3}0.023{col 57}{space 4}-403.7165{col 70}{space 3}-30.67054
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-684.0266{col 29}{space 2} 115.2628{col 40}{space 1}   -5.93{col 49}{space 3}0.000{col 57}{space 4}-910.8746{col 70}{space 3}-457.1786
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-723.3489{col 29}{space 2} 87.87503{col 40}{space 1}   -8.23{col 49}{space 3}0.000{col 57}{space 4}-896.2952{col 70}{space 3}-550.4027
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-301.2298{col 29}{space 2} 85.26714{col 40}{space 1}   -3.53{col 49}{space 3}0.000{col 57}{space 4}-469.0435{col 70}{space 3}-133.4161
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-543.4394{col 29}{space 2} 92.52926{col 40}{space 1}   -5.87{col 49}{space 3}0.000{col 57}{space 4}-725.5456{col 70}{space 3}-361.3331
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-310.4571{col 29}{space 2} 81.92552{col 40}{space 1}   -3.79{col 49}{space 3}0.000{col 57}{space 4}-471.6942{col 70}{space 3}  -149.22
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-216.8418{col 29}{space 2} 80.33296{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-374.9446{col 70}{space 3}-58.73906
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-180.9122{col 29}{space 2} 77.88236{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-334.1919{col 70}{space 3}-27.63244
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-138.5951{col 29}{space 2} 83.77759{col 40}{space 1}   -1.65{col 49}{space 3}0.099{col 57}{space 4}-303.4772{col 70}{space 3} 26.28704
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-357.3138{col 29}{space 2} 93.57807{col 40}{space 1}   -3.82{col 49}{space 3}0.000{col 57}{space 4}-541.4842{col 70}{space 3}-173.1434
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  29.2493{col 29}{space 2} 95.76714{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-159.2294{col 70}{space 3}  217.728
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 18.17153{col 29}{space 2} 111.9733{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-202.2025{col 70}{space 3} 238.5455
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-96.70846{col 29}{space 2} 119.6096{col 40}{space 1}   -0.81{col 49}{space 3}0.419{col 57}{space 4}-332.1114{col 70}{space 3} 138.6944
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -83.8964{col 29}{space 2} 117.0947{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-314.3497{col 70}{space 3} 146.5569
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 56.27439{col 29}{space 2} 115.9115{col 40}{space 1}    0.49{col 49}{space 3}0.628{col 57}{space 4}-171.8502{col 70}{space 3}  284.399
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-64.80844{col 29}{space 2} 119.8129{col 40}{space 1}   -0.54{col 49}{space 3}0.589{col 57}{space 4}-300.6115{col 70}{space 3} 170.9946
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 95.05805{col 29}{space 2} 121.2552{col 40}{space 1}    0.78{col 49}{space 3}0.434{col 57}{space 4}-143.5835{col 70}{space 3} 333.6996
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 152.5792{col 29}{space 2} 123.8777{col 40}{space 1}    1.23{col 49}{space 3}0.219{col 57}{space 4}-91.22371{col 70}{space 3} 396.3822
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 247.9017{col 29}{space 2} 133.8283{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-15.48496{col 70}{space 3} 511.2883
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 356.9459{col 29}{space 2} 141.2627{col 40}{space 1}    2.53{col 49}{space 3}0.012{col 57}{space 4} 78.92776{col 70}{space 3}  634.964
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 519.4919{col 29}{space 2} 153.2561{col 40}{space 1}    3.39{col 49}{space 3}0.001{col 57}{space 4} 217.8696{col 70}{space 3} 821.1141
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 612.1066{col 29}{space 2}  170.393{col 40}{space 1}    3.59{col 49}{space 3}0.000{col 57}{space 4} 276.7572{col 70}{space 3}  947.456
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 657.3337{col 29}{space 2}  181.119{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 300.8745{col 70}{space 3} 1013.793
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 752.9701{col 29}{space 2} 200.1534{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 359.0495{col 70}{space 3} 1146.891
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 770.5731{col 29}{space 2} 220.8717{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 335.8769{col 70}{space 3} 1205.269
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 770.7711{col 29}{space 2} 229.4759{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 319.1412{col 70}{space 3} 1222.401
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}   891.28{col 29}{space 2} 238.5475{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 421.7962{col 70}{space 3} 1360.764
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1212.737{col 29}{space 2} 255.7508{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 709.3951{col 70}{space 3} 1716.078
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1342.615{col 29}{space 2} 282.9275{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4}  785.787{col 70}{space 3} 1899.442
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  932.702{col 29}{space 2} 291.3784{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 359.2422{col 70}{space 3} 1506.162
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 926.2059{col 29}{space 2} 291.7847{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 351.9464{col 70}{space 3} 1500.465
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1398.301{col 29}{space 2} 291.4882{col 40}{space 1}    4.80{col 49}{space 3}0.000{col 57}{space 4} 824.6248{col 70}{space 3} 1971.977
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1374.157{col 29}{space 2} 312.7018{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 758.7305{col 70}{space 3} 1989.583
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1553.893{col 29}{space 2} 327.0177{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 910.2916{col 70}{space 3} 2197.494
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1290.67{col 29}{space 2} 321.3482{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 658.2263{col 70}{space 3} 1923.113
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 931.0379{col 29}{space 2} 309.1372{col 40}{space 1}    3.01{col 49}{space 3}0.003{col 57}{space 4}  322.627{col 70}{space 3} 1539.449
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1475.53{col 29}{space 2} 156.3882{col 40}{space 1}    9.44{col 49}{space 3}0.000{col 57}{space 4} 1167.743{col 70}{space 3} 1783.316
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       342
{txt}maximum lag: {res}6{col 49}{txt}F( 48,       293){col 67}= {res}      3.49
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2111166{col 29}{space 2} .0439988{col 40}{space 1}   -4.80{col 49}{space 3}0.000{col 57}{space 4}-.2977104{col 70}{space 3}-.1245228
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0029399{col 29}{space 2} .0026855{col 40}{space 1}    1.09{col 49}{space 3}0.275{col 57}{space 4}-.0023453{col 70}{space 3} .0082252
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0030248{col 29}{space 2} .0039167{col 40}{space 1}   -0.77{col 49}{space 3}0.441{col 57}{space 4}-.0107332{col 70}{space 3} .0046837
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}  1.18204{col 29}{space 2} 1.143984{col 40}{space 1}    1.03{col 49}{space 3}0.302{col 57}{space 4}-1.069426{col 70}{space 3} 3.433507
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 10.48041{col 29}{space 2} 3.012769{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 4.550996{col 70}{space 3} 16.40982
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.328707{col 29}{space 2} 1.685354{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-4.645643{col 70}{space 3} 1.988228
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.832311{col 29}{space 2} 2.526514{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-2.140105{col 70}{space 3} 7.804727
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 4.200443{col 29}{space 2} 3.212561{col 40}{space 1}    1.31{col 49}{space 3}0.192{col 57}{space 4}-2.122178{col 70}{space 3} 10.52306
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.502953{col 29}{space 2} .9316219{col 40}{space 1}    1.61{col 49}{space 3}0.108{col 57}{space 4}-.3305655{col 70}{space 3} 3.336473
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 10.16416{col 29}{space 2} 2.544266{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 5.156802{col 70}{space 3} 15.17151
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  10.3241{col 29}{space 2} 3.136582{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 4.151016{col 70}{space 3} 16.49719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-4.149061{col 29}{space 2} 6.515673{col 40}{space 1}   -0.64{col 49}{space 3}0.525{col 57}{space 4}-16.97251{col 70}{space 3} 8.674392
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-10.58032{col 29}{space 2} 6.929043{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4}-24.21733{col 70}{space 3} 3.056684
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-12.56217{col 29}{space 2} 6.531188{col 40}{space 1}   -1.92{col 49}{space 3}0.055{col 57}{space 4}-25.41616{col 70}{space 3} .2918217
{txt}{space 10}1947  {c |}{col 17}{res}{space 2} -9.94744{col 29}{space 2} 5.872046{col 40}{space 1}   -1.69{col 49}{space 3}0.091{col 57}{space 4}-21.50418{col 70}{space 3} 1.609296
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-8.582587{col 29}{space 2} 4.992809{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4} -18.4089{col 70}{space 3} 1.243728
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-13.63652{col 29}{space 2} 6.213557{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-25.86538{col 70}{space 3}-1.407658
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-11.72308{col 29}{space 2} 5.676461{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-22.89488{col 70}{space 3}-.5512702
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-9.671233{col 29}{space 2} 5.467506{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4} -20.4318{col 70}{space 3}  1.08933
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} -10.0155{col 29}{space 2} 5.802199{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-21.43477{col 70}{space 3} 1.403768
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-8.998002{col 29}{space 2} 6.175251{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-21.15147{col 70}{space 3} 3.155469
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-12.87175{col 29}{space 2} 6.591061{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-25.84357{col 70}{space 3}  .100074
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-12.06413{col 29}{space 2} 6.421077{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-24.70141{col 70}{space 3} .5731493
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-12.23923{col 29}{space 2}  6.87035{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-25.76072{col 70}{space 3} 1.282258
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-10.33525{col 29}{space 2} 7.559274{col 40}{space 1}   -1.37{col 49}{space 3}0.173{col 57}{space 4} -25.2126{col 70}{space 3} 4.542112
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-12.30179{col 29}{space 2}  7.35452{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-26.77617{col 70}{space 3} 2.172592
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-18.75024{col 29}{space 2} 8.330568{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-35.14558{col 70}{space 3}-2.354902
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-15.81987{col 29}{space 2} 8.000144{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4} -31.5649{col 70}{space 3}-.0748357
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-13.46103{col 29}{space 2} 7.995939{col 40}{space 1}   -1.68{col 49}{space 3}0.093{col 57}{space 4}-29.19779{col 70}{space 3} 2.275723
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-13.79582{col 29}{space 2} 8.253126{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-30.03875{col 70}{space 3}   2.4471
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-11.58619{col 29}{space 2} 8.945657{col 40}{space 1}   -1.30{col 49}{space 3}0.196{col 57}{space 4}-29.19208{col 70}{space 3} 6.019695
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.99721{col 29}{space 2} 9.284476{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-30.26993{col 70}{space 3} 6.275506
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-15.85806{col 29}{space 2}  9.78132{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-35.10861{col 70}{space 3}  3.39249
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.25565{col 29}{space 2} 10.68698{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-36.28863{col 70}{space 3} 5.777332
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-7.578879{col 29}{space 2} 12.36064{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-31.90577{col 70}{space 3} 16.74802
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-15.73681{col 29}{space 2} 12.30317{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4} -39.9506{col 70}{space 3} 8.476983
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.36452{col 29}{space 2} 12.93775{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-39.82723{col 70}{space 3} 11.09818
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-17.92847{col 29}{space 2} 13.55577{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4}-44.60748{col 70}{space 3} 8.750546
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-19.20942{col 29}{space 2} 14.00579{col 40}{space 1}   -1.37{col 49}{space 3}0.171{col 57}{space 4}-46.77412{col 70}{space 3} 8.355289
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.57803{col 29}{space 2} 15.00289{col 40}{space 1}   -1.30{col 49}{space 3}0.193{col 57}{space 4}-49.10512{col 70}{space 3} 9.949062
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.73706{col 29}{space 2} 16.20323{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-48.62654{col 70}{space 3} 15.15241
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-23.40107{col 29}{space 2} 16.82895{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-56.52202{col 70}{space 3} 9.719886
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}  -28.644{col 29}{space 2} 18.10089{col 40}{space 1}   -1.58{col 49}{space 3}0.115{col 57}{space 4}-64.26824{col 70}{space 3} 6.980237
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.48471{col 29}{space 2} 17.49526{col 40}{space 1}   -1.29{col 49}{space 3}0.200{col 57}{space 4}-56.91702{col 70}{space 3}  11.9476
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-25.55925{col 29}{space 2} 18.80968{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-62.57846{col 70}{space 3} 11.45996
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-24.75713{col 29}{space 2} 19.40047{col 40}{space 1}   -1.28{col 49}{space 3}0.203{col 57}{space 4}-62.93906{col 70}{space 3} 13.42481
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  -22.248{col 29}{space 2}  19.6906{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-61.00094{col 70}{space 3} 16.50494
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-26.30525{col 29}{space 2}  19.4278{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-64.54097{col 70}{space 3} 11.93047
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.826053{col 29}{space 2}  8.89154{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-19.32543{col 70}{space 3} 15.67333
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 51,       254){col 67}= {res}     35.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2698744{col 29}{space 2} .0599938{col 40}{space 1}   -4.50{col 49}{space 3}0.000{col 57}{space 4}-.3880229{col 70}{space 3}-.1517258
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.383024{col 29}{space 2} .7650976{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-.1237191{col 70}{space 3} 2.889767
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1237625{col 29}{space 2} .0826359{col 40}{space 1}    1.50{col 49}{space 3}0.135{col 57}{space 4}-.0389764{col 70}{space 3} .2865014
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8571921{col 29}{space 2} 1.326387{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4} -3.46931{col 70}{space 3} 1.754926
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0024746{col 29}{space 2} .0740089{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-.1432748{col 70}{space 3} .1482239
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.1527628{col 29}{space 2} 1.225497{col 40}{space 1}   -0.12{col 49}{space 3}0.901{col 57}{space 4}-2.566192{col 70}{space 3} 2.260666
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0991524{col 29}{space 2} .0639968{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-.2251844{col 70}{space 3} .0268796
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.484415{col 29}{space 2} 1.059864{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-3.571656{col 70}{space 3} .6028252
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0376751{col 29}{space 2} .0619157{col 40}{space 1}    0.61{col 49}{space 3}0.543{col 57}{space 4}-.0842584{col 70}{space 3} .1596086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .158125{col 29}{space 2} 1.056191{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-1.921883{col 70}{space 3} 2.238133
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.97495{col 29}{space 2} 26.93367{col 40}{space 1}   -3.08{col 49}{space 3}0.002{col 57}{space 4}-136.0167{col 70}{space 3} -29.9332
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 35.35678{col 29}{space 2} 43.78999{col 40}{space 1}    0.81{col 49}{space 3}0.420{col 57}{space 4}-50.88093{col 70}{space 3} 121.5945
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  164.229{col 29}{space 2} 46.47749{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4}  72.6987{col 70}{space 3} 255.7594
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-243.1003{col 29}{space 2} 57.50718{col 40}{space 1}   -4.23{col 49}{space 3}0.000{col 57}{space 4}-356.3519{col 70}{space 3}-129.8487
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 301.6433{col 29}{space 2} 56.66516{col 40}{space 1}    5.32{col 49}{space 3}0.000{col 57}{space 4} 190.0499{col 70}{space 3} 413.2367
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -23.1547{col 29}{space 2}   28.998{col 40}{space 1}   -0.80{col 49}{space 3}0.425{col 57}{space 4}-80.26183{col 70}{space 3} 33.95243
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 55.34855{col 29}{space 2} 41.99968{col 40}{space 1}    1.32{col 49}{space 3}0.189{col 57}{space 4}-27.36341{col 70}{space 3} 138.0605
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 30.71308{col 29}{space 2} 44.57343{col 40}{space 1}    0.69{col 49}{space 3}0.491{col 57}{space 4} -57.0675{col 70}{space 3} 118.4937
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 379.3695{col 29}{space 2} 90.87547{col 40}{space 1}    4.17{col 49}{space 3}0.000{col 57}{space 4} 200.4041{col 70}{space 3} 558.3349
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 41.78918{col 29}{space 2} 108.8731{col 40}{space 1}    0.38{col 49}{space 3}0.701{col 57}{space 4}-172.6198{col 70}{space 3} 256.1982
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 334.2967{col 29}{space 2} 112.9207{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 111.9165{col 70}{space 3} 556.6769
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 439.8332{col 29}{space 2} 104.2464{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 234.5359{col 70}{space 3} 645.1306
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 422.9627{col 29}{space 2} 81.96263{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4} 261.5498{col 70}{space 3} 584.3756
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 505.8242{col 29}{space 2} 86.59952{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 335.2797{col 70}{space 3} 676.3688
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 281.7775{col 29}{space 2} 83.47969{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4}  117.377{col 70}{space 3}  446.178
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 699.8951{col 29}{space 2} 83.76976{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 534.9233{col 70}{space 3} 864.8669
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.4077{col 29}{space 2} 103.4514{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4}  427.676{col 70}{space 3} 835.1394
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 500.2223{col 29}{space 2} 107.9195{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 287.6913{col 70}{space 3} 712.7534
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 587.7519{col 29}{space 2} 105.9577{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 379.0844{col 70}{space 3} 796.4194
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 706.8975{col 29}{space 2} 98.02801{col 40}{space 1}    7.21{col 49}{space 3}0.000{col 57}{space 4} 513.8463{col 70}{space 3} 899.9487
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 549.7044{col 29}{space 2} 112.0672{col 40}{space 1}    4.91{col 49}{space 3}0.000{col 57}{space 4} 329.0051{col 70}{space 3} 770.4037
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 730.4279{col 29}{space 2} 121.1387{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 491.8637{col 70}{space 3} 968.9921
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  789.815{col 29}{space 2} 119.7974{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 553.8922{col 70}{space 3} 1025.738
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 859.3678{col 29}{space 2} 128.1208{col 40}{space 1}    6.71{col 49}{space 3}0.000{col 57}{space 4} 607.0535{col 70}{space 3} 1111.682
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 982.0706{col 29}{space 2} 135.3686{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 715.4827{col 70}{space 3} 1248.658
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1134.891{col 29}{space 2} 142.0844{col 40}{space 1}    7.99{col 49}{space 3}0.000{col 57}{space 4} 855.0778{col 70}{space 3} 1414.705
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1214.892{col 29}{space 2} 157.9951{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 903.7443{col 70}{space 3} 1526.039
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.103{col 29}{space 2} 168.0722{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4}   923.11{col 70}{space 3} 1585.095
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}     1366{col 29}{space 2}   184.61{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1002.439{col 70}{space 3} 1729.561
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.723{col 29}{space 2} 203.5181{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 981.9251{col 70}{space 3} 1783.521
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1369.377{col 29}{space 2} 214.6546{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 946.6474{col 70}{space 3} 1792.107
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1507.416{col 29}{space 2} 230.0771{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 1054.314{col 70}{space 3} 1960.518
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1805.042{col 29}{space 2} 249.8108{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 1313.077{col 70}{space 3} 2297.006
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1895.241{col 29}{space 2} 280.9967{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 1341.861{col 70}{space 3} 2448.621
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1492.784{col 29}{space 2} 293.0877{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 915.5921{col 70}{space 3} 2069.975
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1583.455{col 29}{space 2} 290.9353{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 1010.502{col 70}{space 3} 2156.407
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 2037.729{col 29}{space 2} 305.5157{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 1436.062{col 70}{space 3} 2639.396
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1893.756{col 29}{space 2} 332.2349{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4}  1239.47{col 70}{space 3} 2548.042
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.902{col 29}{space 2} 357.1792{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 1415.492{col 70}{space 3} 2822.312
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1883.393{col 29}{space 2}  341.339{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 1211.178{col 70}{space 3} 2555.609
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1540.552{col 29}{space 2}  341.124{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4} 868.7597{col 70}{space 3} 2212.343
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 800.3881{col 29}{space 2} 223.5616{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 360.1176{col 70}{space 3} 1240.659
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(51, 254)      = {res}    19.40
{txt}       Model {c |} {res} 12660211.9        51  248239.448   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3250138.74       254  12795.8218   {txt}R-squared       ={res}    0.7957
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7547
{txt}       Total {c |} {res} 15910350.6       305   52165.084   {txt}Root MSE        =   {res} 113.12

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2698744{col 29}{space 2} .0612227{col 40}{space 1}   -4.41{col 49}{space 3}0.000{col 57}{space 4}-.3904431{col 70}{space 3}-.1493056
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.383024{col 29}{space 2} .8813387{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-.3526382{col 70}{space 3} 3.118686
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1237625{col 29}{space 2} .0740667{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-.0221006{col 70}{space 3} .2696255
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8571921{col 29}{space 2} 1.257215{col 40}{space 1}   -0.68{col 49}{space 3}0.496{col 57}{space 4}-3.333085{col 70}{space 3}   1.6187
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0024746{col 29}{space 2} .0692947{col 40}{space 1}    0.04{col 49}{space 3}0.972{col 57}{space 4}-.1339907{col 70}{space 3} .1389398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.1527628{col 29}{space 2} 1.326461{col 40}{space 1}   -0.12{col 49}{space 3}0.908{col 57}{space 4}-2.765025{col 70}{space 3}   2.4595
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0991524{col 29}{space 2} .0647349{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-.2266379{col 70}{space 3} .0283331
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.484415{col 29}{space 2} 1.287548{col 40}{space 1}   -1.15{col 49}{space 3}0.250{col 57}{space 4}-4.020044{col 70}{space 3} 1.051214
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0376751{col 29}{space 2} .0623512{col 40}{space 1}    0.60{col 49}{space 3}0.546{col 57}{space 4}-.0851161{col 70}{space 3} .1604664
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .158125{col 29}{space 2} 1.235199{col 40}{space 1}    0.13{col 49}{space 3}0.898{col 57}{space 4} -2.27441{col 70}{space 3}  2.59066
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.97495{col 29}{space 2} 32.43912{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-146.8588{col 70}{space 3}-19.09105
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 35.35678{col 29}{space 2} 54.16616{col 40}{space 1}    0.65{col 49}{space 3}0.515{col 57}{space 4}-71.31521{col 70}{space 3} 142.0288
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  164.229{col 29}{space 2} 42.66155{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 80.21361{col 70}{space 3} 248.2444
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-243.1003{col 29}{space 2} 59.43096{col 40}{space 1}   -4.09{col 49}{space 3}0.000{col 57}{space 4}-360.1405{col 70}{space 3}-126.0601
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 301.6433{col 29}{space 2} 71.70924{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 160.4229{col 70}{space 3} 442.8637
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -23.1547{col 29}{space 2} 27.95645{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-78.21066{col 70}{space 3} 31.90126
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 55.34855{col 29}{space 2} 51.55191{col 40}{space 1}    1.07{col 49}{space 3}0.284{col 57}{space 4}-46.17507{col 70}{space 3} 156.8722
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 30.71308{col 29}{space 2} 54.81846{col 40}{space 1}    0.56{col 49}{space 3}0.576{col 57}{space 4}-77.24352{col 70}{space 3} 138.6697
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 379.3695{col 29}{space 2} 67.38587{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 246.6633{col 70}{space 3} 512.0757
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 41.78918{col 29}{space 2} 90.74092{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-136.9112{col 70}{space 3} 220.4896
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 334.2967{col 29}{space 2} 94.01952{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 149.1396{col 70}{space 3} 519.4538
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 439.8332{col 29}{space 2} 82.18562{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 277.9812{col 70}{space 3} 601.6853
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 422.9627{col 29}{space 2} 73.85279{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 277.5209{col 70}{space 3} 568.4045
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 505.8242{col 29}{space 2} 74.55103{col 40}{space 1}    6.78{col 49}{space 3}0.000{col 57}{space 4} 359.0073{col 70}{space 3} 652.6411
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 281.7775{col 29}{space 2} 70.15585{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 143.6163{col 70}{space 3} 419.9388
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 699.8951{col 29}{space 2} 67.05897{col 40}{space 1}   10.44{col 49}{space 3}0.000{col 57}{space 4} 567.8327{col 70}{space 3} 831.9575
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.4077{col 29}{space 2} 80.93611{col 40}{space 1}    7.80{col 49}{space 3}0.000{col 57}{space 4} 472.0164{col 70}{space 3}  790.799
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 500.2223{col 29}{space 2} 87.28269{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 328.3324{col 70}{space 3} 672.1123
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 587.7519{col 29}{space 2} 87.02898{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 416.3616{col 70}{space 3} 759.1422
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 706.8975{col 29}{space 2} 85.97847{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4} 537.5761{col 70}{space 3}  876.219
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 549.7044{col 29}{space 2} 98.81871{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4}  355.096{col 70}{space 3} 744.3128
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 730.4279{col 29}{space 2} 102.4385{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 528.6908{col 70}{space 3} 932.1649
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  789.815{col 29}{space 2} 106.9133{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 579.2654{col 70}{space 3} 1000.364
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 859.3678{col 29}{space 2}   112.65{col 40}{space 1}    7.63{col 49}{space 3}0.000{col 57}{space 4} 637.5208{col 70}{space 3} 1081.215
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 982.0706{col 29}{space 2} 121.4279{col 40}{space 1}    8.09{col 49}{space 3}0.000{col 57}{space 4} 742.9369{col 70}{space 3} 1221.204
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1134.891{col 29}{space 2}  128.669{col 40}{space 1}    8.82{col 49}{space 3}0.000{col 57}{space 4} 881.4974{col 70}{space 3} 1388.285
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1214.892{col 29}{space 2} 142.4985{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 934.2624{col 70}{space 3} 1495.521
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.103{col 29}{space 2} 155.3212{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 948.2211{col 70}{space 3} 1559.984
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}     1366{col 29}{space 2} 169.8109{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1031.583{col 70}{space 3} 1700.417
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.723{col 29}{space 2} 186.8366{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1014.777{col 70}{space 3} 1750.669
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1369.377{col 29}{space 2} 204.2469{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4}  967.144{col 70}{space 3}  1771.61
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1507.416{col 29}{space 2} 217.8674{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4}  1078.36{col 70}{space 3} 1936.473
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1805.042{col 29}{space 2} 234.2643{col 40}{space 1}    7.71{col 49}{space 3}0.000{col 57}{space 4} 1343.694{col 70}{space 3}  2266.39
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1895.241{col 29}{space 2} 256.7947{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 1389.523{col 70}{space 3} 2400.959
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1492.784{col 29}{space 2} 278.6719{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 943.9818{col 70}{space 3} 2041.586
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1583.455{col 29}{space 2} 286.9323{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 1018.385{col 70}{space 3} 2148.524
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 2037.729{col 29}{space 2} 296.9113{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 1453.007{col 70}{space 3}  2622.45
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1893.756{col 29}{space 2} 321.5941{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 1260.425{col 70}{space 3} 2527.086
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.902{col 29}{space 2} 338.5347{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 1452.209{col 70}{space 3} 2785.594
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1883.393{col 29}{space 2} 349.9186{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 1194.282{col 70}{space 3} 2572.505
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1540.552{col 29}{space 2} 355.0405{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 841.3533{col 70}{space 3}  2239.75
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 800.3881{col 29}{space 2} 238.1757{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 331.3374{col 70}{space 3} 1269.439
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 51,       254){col 67}= {res}      2.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1848755{col 29}{space 2} .0414062{col 40}{space 1}   -4.46{col 49}{space 3}0.000{col 57}{space 4}-.2664187{col 70}{space 3}-.1033323
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0046051{col 29}{space 2} .0025419{col 40}{space 1}    1.81{col 49}{space 3}0.071{col 57}{space 4}-.0004009{col 70}{space 3} .0096111
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0416235{col 29}{space 2} .0388519{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-.0348894{col 70}{space 3} .1181364
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0024213{col 29}{space 2} .0033396{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4} -.008998{col 70}{space 3} .0041555
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1685732{col 29}{space 2} .0977798{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-.3611356{col 70}{space 3} .0239893
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003322{col 29}{space 2} .0044734{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-.0054876{col 70}{space 3} .0121316
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0287731{col 29}{space 2} .0348415{col 40}{space 1}    0.83{col 49}{space 3}0.410{col 57}{space 4}-.0398418{col 70}{space 3} .0973881
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0031541{col 29}{space 2} .0023428{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-.0077679{col 70}{space 3} .0014597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0260419{col 29}{space 2}   .07959{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-.1306984{col 70}{space 3} .1827822
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0026214{col 29}{space 2} .0021199{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-.0067962{col 70}{space 3} .0015535
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.517755{col 29}{space 2} 1.136199{col 40}{space 1}    1.34{col 49}{space 3}0.183{col 57}{space 4}-.7198159{col 70}{space 3} 3.755327
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.069792{col 29}{space 2} 2.615192{col 40}{space 1}    2.70{col 49}{space 3}0.007{col 57}{space 4} 1.919571{col 70}{space 3} 12.22001
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.204723{col 29}{space 2} 1.686295{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-5.525624{col 70}{space 3} 1.116179
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.362652{col 29}{space 2} 2.330516{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.2269446{col 70}{space 3} 8.952248
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8975454{col 29}{space 2} 2.955452{col 40}{space 1}    0.30{col 49}{space 3}0.762{col 57}{space 4}-4.922767{col 70}{space 3} 6.717858
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.621226{col 29}{space 2} .8578734{col 40}{space 1}    1.89{col 49}{space 3}0.060{col 57}{space 4} -.068225{col 70}{space 3} 3.310677
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.294033{col 29}{space 2} 2.667995{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 3.039824{col 70}{space 3} 13.54824
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.954216{col 29}{space 2} 2.878324{col 40}{space 1}    2.42{col 49}{space 3}0.016{col 57}{space 4} 1.285795{col 70}{space 3} 12.62264
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.154518{col 29}{space 2} 2.949507{col 40}{space 1}   -0.39{col 49}{space 3}0.696{col 57}{space 4}-6.963122{col 70}{space 3} 4.654086
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-8.706474{col 29}{space 2}  5.02102{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4}-18.59461{col 70}{space 3} 1.181659
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.001107{col 29}{space 2} 3.991301{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-11.86136{col 70}{space 3} 3.859151
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.236569{col 29}{space 2} 4.619596{col 40}{space 1}   -0.70{col 49}{space 3}0.484{col 57}{space 4}-12.33416{col 70}{space 3} 5.861022
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.712557{col 29}{space 2} 4.358512{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-12.29598{col 70}{space 3} 4.870868
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.607096{col 29}{space 2} 3.919846{col 40}{space 1}   -0.41{col 49}{space 3}0.682{col 57}{space 4}-9.326636{col 70}{space 3} 6.112443
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.724522{col 29}{space 2} 3.403345{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-12.42689{col 70}{space 3} .9778464
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.911604{col 29}{space 2} 3.850842{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-11.49525{col 70}{space 3} 3.672042
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.265251{col 29}{space 2} 4.740832{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4} -16.6016{col 70}{space 3} 2.071095
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-4.749902{col 29}{space 2} 3.571541{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-11.78351{col 70}{space 3} 2.283703
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.320433{col 29}{space 2} 3.532826{col 40}{space 1}   -1.51{col 49}{space 3}0.133{col 57}{space 4}-12.27779{col 70}{space 3} 1.636929
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20186{col 29}{space 2} 5.558766{col 40}{space 1}   -2.20{col 49}{space 3}0.029{col 57}{space 4}  -23.149{col 70}{space 3}-1.254717
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.45718{col 29}{space 2} 4.515332{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-19.34944{col 70}{space 3}-1.564921
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.489823{col 29}{space 2} 4.881105{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-18.10242{col 70}{space 3} 1.122769
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -8.79076{col 29}{space 2} 4.874264{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-18.38988{col 70}{space 3}   .80836
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.575784{col 29}{space 2} 5.444335{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-17.29757{col 70}{space 3} 4.146003
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.484933{col 29}{space 2} 6.056157{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-19.41161{col 70}{space 3} 4.441745
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.53504{col 29}{space 2} 5.944358{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-23.24154{col 70}{space 3} .1714707
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -11.5351{col 29}{space 2} 6.619905{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-24.57199{col 70}{space 3} 1.501793
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.737779{col 29}{space 2} 8.275266{col 40}{space 1}   -0.57{col 49}{space 3}0.567{col 57}{space 4}-21.03465{col 70}{space 3}  11.5591
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.13697{col 29}{space 2} 7.779857{col 40}{space 1}   -1.69{col 49}{space 3}0.093{col 57}{space 4}-28.45821{col 70}{space 3} 2.184273
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.69311{col 29}{space 2} 8.496021{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-27.42472{col 70}{space 3} 6.038511
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.50034{col 29}{space 2} 8.785316{col 40}{space 1}   -1.88{col 49}{space 3}0.062{col 57}{space 4}-33.80168{col 70}{space 3} .8010025
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.45247{col 29}{space 2} 9.160727{col 40}{space 1}   -1.91{col 49}{space 3}0.058{col 57}{space 4}-35.49313{col 70}{space 3} .5881826
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.31888{col 29}{space 2} 9.933306{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-38.88101{col 70}{space 3}   .24325
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.15474{col 29}{space 2} 10.99136{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-39.80056{col 70}{space 3} 3.491069
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -24.4695{col 29}{space 2} 11.56559{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-47.24618{col 70}{space 3}-1.692824
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.23246{col 29}{space 2} 13.50872{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-52.83582{col 70}{space 3} .3708991
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.54808{col 29}{space 2} 12.24724{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-46.66715{col 70}{space 3} 1.570996
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.30246{col 29}{space 2} 14.48857{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4}-58.83549{col 70}{space 3}-1.769427
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-26.69067{col 29}{space 2} 13.81891{col 40}{space 1}   -1.93{col 49}{space 3}0.055{col 57}{space 4}-53.90492{col 70}{space 3} .5235712
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} -24.4638{col 29}{space 2}  13.8106{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-51.66167{col 70}{space 3}  2.73407
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.30476{col 29}{space 2} 14.91946{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-56.68637{col 70}{space 3} 2.076844
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.28905{col 29}{space 2} 10.80674{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4}-36.57128{col 70}{space 3}  5.99319
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(51, 254)      = {res}     2.52
{txt}       Model {c |} {res}  4106.0911        51  80.5115902   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8102.73432       254  31.9005288   {txt}R-squared       ={res}    0.3363
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2031
{txt}       Total {c |} {res} 12208.8254       305  40.0289358   {txt}Root MSE        =   {res} 5.6481

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1848755{col 29}{space 2} .0447406{col 40}{space 1}   -4.13{col 49}{space 3}0.000{col 57}{space 4}-.2729852{col 70}{space 3}-.0967658
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0046051{col 29}{space 2} .0030315{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}-.0013651{col 70}{space 3} .0105752
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0416235{col 29}{space 2} .0673072{col 40}{space 1}    0.62{col 49}{space 3}0.537{col 57}{space 4}-.0909278{col 70}{space 3} .1741747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0024213{col 29}{space 2} .0031508{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-.0086264{col 70}{space 3} .0037838
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1685732{col 29}{space 2} .0680617{col 40}{space 1}   -2.48{col 49}{space 3}0.014{col 57}{space 4}-.3026104{col 70}{space 3} -.034536
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003322{col 29}{space 2} .0034738{col 40}{space 1}    0.96{col 49}{space 3}0.340{col 57}{space 4}-.0035192{col 70}{space 3} .0101632
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0287731{col 29}{space 2}  .061867{col 40}{space 1}    0.47{col 49}{space 3}0.642{col 57}{space 4}-.0930644{col 70}{space 3} .1506107
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0031541{col 29}{space 2} .0033016{col 40}{space 1}   -0.96{col 49}{space 3}0.340{col 57}{space 4} -.009656{col 70}{space 3} .0033479
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0260419{col 29}{space 2} .0584175{col 40}{space 1}    0.45{col 49}{space 3}0.656{col 57}{space 4}-.0890025{col 70}{space 3} .1410863
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0026214{col 29}{space 2} .0032169{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-.0089566{col 70}{space 3} .0037139
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.517755{col 29}{space 2} 1.617787{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4} -1.66823{col 70}{space 3} 4.703741
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.069792{col 29}{space 2} 2.770381{col 40}{space 1}    2.55{col 49}{space 3}0.011{col 57}{space 4}  1.61395{col 70}{space 3} 12.52564
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.204723{col 29}{space 2} 2.134729{col 40}{space 1}   -1.03{col 49}{space 3}0.303{col 57}{space 4}-6.408746{col 70}{space 3} 1.999301
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.362652{col 29}{space 2} 2.965933{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-1.478301{col 70}{space 3}  10.2036
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8975454{col 29}{space 2} 3.610908{col 40}{space 1}    0.25{col 49}{space 3}0.804{col 57}{space 4}-6.213587{col 70}{space 3} 8.008678
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.621226{col 29}{space 2}  1.39409{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-1.124222{col 70}{space 3} 4.366674
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.294033{col 29}{space 2} 2.569025{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4}  3.23473{col 70}{space 3} 13.35334
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.954216{col 29}{space 2} 2.792163{col 40}{space 1}    2.49{col 49}{space 3}0.013{col 57}{space 4} 1.455477{col 70}{space 3} 12.45296
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.154518{col 29}{space 2} 3.536255{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4}-8.118633{col 70}{space 3} 5.809597
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-8.706474{col 29}{space 2} 4.258025{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-17.09201{col 70}{space 3}-.3209426
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.001107{col 29}{space 2} 3.899554{col 40}{space 1}   -1.03{col 49}{space 3}0.306{col 57}{space 4}-11.68068{col 70}{space 3}  3.67847
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.236569{col 29}{space 2} 3.635026{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4} -10.3952{col 70}{space 3}  3.92206
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.712557{col 29}{space 2} 3.894207{col 40}{space 1}   -0.95{col 49}{space 3}0.341{col 57}{space 4}-11.38161{col 70}{space 3} 3.956491
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.607096{col 29}{space 2} 3.754144{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-9.000311{col 70}{space 3} 5.786118
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.724522{col 29}{space 2} 3.475965{col 40}{space 1}   -1.65{col 49}{space 3}0.101{col 57}{space 4}-12.56991{col 70}{space 3} 1.120862
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.911604{col 29}{space 2} 3.807303{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-11.40951{col 70}{space 3} 3.586299
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.265251{col 29}{space 2} 4.298484{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-15.73046{col 70}{space 3} 1.199957
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-4.749902{col 29}{space 2} 4.421326{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4}-13.45703{col 70}{space 3} 3.957225
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.320433{col 29}{space 2} 4.098821{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-13.39244{col 70}{space 3} 2.751571
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20186{col 29}{space 2} 4.581619{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-21.22466{col 70}{space 3}-3.179059
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.45718{col 29}{space 2} 4.870702{col 40}{space 1}   -2.15{col 49}{space 3}0.033{col 57}{space 4}-20.04928{col 70}{space 3}-.8650755
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.489823{col 29}{space 2} 5.013717{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-18.36358{col 70}{space 3} 1.383929
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -8.79076{col 29}{space 2} 5.352505{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4} -19.3317{col 70}{space 3} 1.750183
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.575784{col 29}{space 2} 5.893182{col 40}{space 1}   -1.12{col 49}{space 3}0.266{col 57}{space 4}-18.18151{col 70}{space 3}  5.02994
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.484933{col 29}{space 2} 6.218429{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-19.73118{col 70}{space 3} 4.761314
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.53504{col 29}{space 2} 6.913751{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-25.15062{col 70}{space 3} 2.080542
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -11.5351{col 29}{space 2} 7.651936{col 40}{space 1}   -1.51{col 49}{space 3}0.133{col 57}{space 4}-26.60442{col 70}{space 3} 3.534222
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.737779{col 29}{space 2} 8.325634{col 40}{space 1}   -0.57{col 49}{space 3}0.570{col 57}{space 4}-21.13385{col 70}{space 3} 11.65829
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.13697{col 29}{space 2} 9.097251{col 40}{space 1}   -1.44{col 49}{space 3}0.150{col 57}{space 4}-31.05262{col 70}{space 3} 4.778679
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.69311{col 29}{space 2} 9.923193{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-30.23532{col 70}{space 3}  8.84911
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.50034{col 29}{space 2} 10.57954{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-37.33514{col 70}{space 3} 4.334462
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.45247{col 29}{space 2} 11.28485{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-39.67626{col 70}{space 3} 4.771311
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.31888{col 29}{space 2} 12.40287{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-43.74444{col 70}{space 3} 5.106676
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.15474{col 29}{space 2} 13.51861{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-44.77758{col 70}{space 3} 8.468089
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -24.4695{col 29}{space 2} 13.96318{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-51.96785{col 70}{space 3}  3.02885
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.23246{col 29}{space 2} 14.33613{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-54.46529{col 70}{space 3} 2.000361
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.54808{col 29}{space 2} 15.44172{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-52.95818{col 70}{space 3} 7.862026
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.30246{col 29}{space 2} 16.41001{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-62.61947{col 70}{space 3} 2.014556
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-26.69067{col 29}{space 2} 17.02226{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-60.21343{col 70}{space 3} 6.832083
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} -24.4638{col 29}{space 2} 17.30337{col 40}{space 1}   -1.41{col 49}{space 3}0.159{col 57}{space 4}-58.54015{col 70}{space 3}  9.61255
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.30476{col 29}{space 2} 17.55631{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-61.87924{col 70}{space 3} 7.269716
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.28905{col 29}{space 2} 12.03979{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-38.99958{col 70}{space 3} 8.421487
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 49,       256){col 67}= {res}     35.89
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2603905{col 29}{space 2} .0547568{col 40}{space 1}   -4.76{col 49}{space 3}0.000{col 57}{space 4}-.3682216{col 70}{space 3}-.1525594
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.388829{col 29}{space 2}  .758782{col 40}{space 1}    1.83{col 49}{space 3}0.068{col 57}{space 4}-.1054203{col 70}{space 3} 2.883079
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .107284{col 29}{space 2} .0702575{col 40}{space 1}    1.53{col 49}{space 3}0.128{col 57}{space 4}-.0310723{col 70}{space 3} .2456402
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8964253{col 29}{space 2} 1.299722{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-3.455934{col 70}{space 3} 1.663084
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0093221{col 29}{space 2}  .065373{col 40}{space 1}   -0.14{col 49}{space 3}0.887{col 57}{space 4}-.1380593{col 70}{space 3} .1194152
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -.249147{col 29}{space 2} 1.248584{col 40}{space 1}   -0.20{col 49}{space 3}0.842{col 57}{space 4} -2.70795{col 70}{space 3} 2.209656
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1063253{col 29}{space 2} .0582716{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4} -.221078{col 70}{space 3} .0084274
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.517075{col 29}{space 2} 1.069655{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-3.623518{col 70}{space 3} .5893677
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-80.30914{col 29}{space 2}  25.9983{col 40}{space 1}   -3.09{col 49}{space 3}0.002{col 57}{space 4}-131.5069{col 70}{space 3}-29.11138
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 31.35009{col 29}{space 2} 42.61707{col 40}{space 1}    0.74{col 49}{space 3}0.463{col 57}{space 4}-52.57458{col 70}{space 3} 115.2748
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 159.1595{col 29}{space 2} 45.21356{col 40}{space 1}    3.52{col 49}{space 3}0.001{col 57}{space 4} 70.12162{col 70}{space 3} 248.1974
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-235.5518{col 29}{space 2}  53.1632{col 40}{space 1}   -4.43{col 49}{space 3}0.000{col 57}{space 4}-340.2447{col 70}{space 3}-130.8589
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 291.4758{col 29}{space 2} 51.88353{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4}  189.303{col 70}{space 3} 393.6487
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-23.12063{col 29}{space 2} 29.74742{col 40}{space 1}   -0.78{col 49}{space 3}0.438{col 57}{space 4}-81.70145{col 70}{space 3} 35.46019
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 51.03298{col 29}{space 2} 40.92314{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4} -29.5559{col 70}{space 3} 131.6219
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 25.07606{col 29}{space 2} 43.96675{col 40}{space 1}    0.57{col 49}{space 3}0.569{col 57}{space 4} -61.5065{col 70}{space 3} 111.6586
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 371.0243{col 29}{space 2} 85.96192{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 201.7418{col 70}{space 3} 540.3069
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}   21.307{col 29}{space 2} 97.69854{col 40}{space 1}    0.22{col 49}{space 3}0.828{col 57}{space 4}-171.0882{col 70}{space 3} 213.7022
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  297.966{col 29}{space 2} 81.21087{col 40}{space 1}    3.67{col 49}{space 3}0.000{col 57}{space 4} 138.0396{col 70}{space 3} 457.8925
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  409.161{col 29}{space 2}   88.143{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 235.5833{col 70}{space 3} 582.7388
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 411.3488{col 29}{space 2}   77.858{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 258.0251{col 70}{space 3} 564.6725
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 484.0885{col 29}{space 2} 77.32862{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 331.8073{col 70}{space 3} 636.3697
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 268.5244{col 29}{space 2} 78.96783{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 113.0151{col 70}{space 3} 424.0337
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 684.4833{col 29}{space 2} 75.17303{col 40}{space 1}    9.11{col 49}{space 3}0.000{col 57}{space 4}  536.447{col 70}{space 3} 832.5196
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 616.0376{col 29}{space 2} 97.40809{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 424.2144{col 70}{space 3} 807.8608
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 483.5207{col 29}{space 2} 101.4835{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 283.6719{col 70}{space 3} 683.3695
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 559.7973{col 29}{space 2} 92.28249{col 40}{space 1}    6.07{col 49}{space 3}0.000{col 57}{space 4} 378.0678{col 70}{space 3} 741.5268
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 691.0802{col 29}{space 2} 89.56753{col 40}{space 1}    7.72{col 49}{space 3}0.000{col 57}{space 4} 514.6972{col 70}{space 3} 867.4632
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 529.3101{col 29}{space 2} 99.68422{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 333.0046{col 70}{space 3} 725.6156
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 701.9175{col 29}{space 2} 102.5413{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 499.9856{col 70}{space 3} 903.8495
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 760.7984{col 29}{space 2} 101.4317{col 40}{space 1}    7.50{col 49}{space 3}0.000{col 57}{space 4} 561.0516{col 70}{space 3} 960.5453
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 835.6084{col 29}{space 2} 114.0437{col 40}{space 1}    7.33{col 49}{space 3}0.000{col 57}{space 4} 611.0253{col 70}{space 3} 1060.192
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 951.9085{col 29}{space 2} 119.0152{col 40}{space 1}    8.00{col 49}{space 3}0.000{col 57}{space 4} 717.5349{col 70}{space 3} 1186.282
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1109.434{col 29}{space 2} 128.1463{col 40}{space 1}    8.66{col 49}{space 3}0.000{col 57}{space 4} 857.0787{col 70}{space 3} 1361.789
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1189.14{col 29}{space 2} 146.4788{col 40}{space 1}    8.12{col 49}{space 3}0.000{col 57}{space 4} 900.6831{col 70}{space 3} 1477.597
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1228.343{col 29}{space 2} 155.8765{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 921.3791{col 70}{space 3} 1535.306
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1338.851{col 29}{space 2}  171.632{col 40}{space 1}    7.80{col 49}{space 3}0.000{col 57}{space 4} 1000.861{col 70}{space 3} 1676.841
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1355.599{col 29}{space 2} 191.2427{col 40}{space 1}    7.09{col 49}{space 3}0.000{col 57}{space 4} 978.9901{col 70}{space 3} 1732.209
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1339.333{col 29}{space 2} 201.7349{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4}  942.062{col 70}{space 3} 1736.605
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1469.852{col 29}{space 2} 211.7994{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1052.761{col 70}{space 3} 1886.944
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1766.432{col 29}{space 2}  230.874{col 40}{space 1}    7.65{col 49}{space 3}0.000{col 57}{space 4} 1311.778{col 70}{space 3} 2221.086
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1853.117{col 29}{space 2} 261.6849{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 1337.788{col 70}{space 3} 2368.447
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1446.943{col 29}{space 2} 270.6764{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 913.9067{col 70}{space 3} 1979.979
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1532.942{col 29}{space 2} 267.0034{col 40}{space 1}    5.74{col 49}{space 3}0.000{col 57}{space 4} 1007.139{col 70}{space 3} 2058.745
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1991.064{col 29}{space 2} 278.4611{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 1442.698{col 70}{space 3} 2539.431
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1846.055{col 29}{space 2} 306.5518{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 1242.371{col 70}{space 3}  2449.74
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2050.802{col 29}{space 2} 316.8784{col 40}{space 1}    6.47{col 49}{space 3}0.000{col 57}{space 4} 1426.781{col 70}{space 3} 2674.822
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1816.605{col 29}{space 2} 305.4775{col 40}{space 1}    5.95{col 49}{space 3}0.000{col 57}{space 4} 1215.037{col 70}{space 3} 2418.174
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1485.411{col 29}{space 2} 308.3945{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4}  878.098{col 70}{space 3} 2092.724
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 784.4985{col 29}{space 2} 217.7869{col 40}{space 1}    3.60{col 49}{space 3}0.000{col 57}{space 4} 355.6164{col 70}{space 3} 1213.381
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(49, 256)      = {res}    20.31
{txt}       Model {c |} {res} 12654853.6        49  258262.318   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3255497.02       256  12716.7852   {txt}R-squared       ={res}    0.7954
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7562
{txt}       Total {c |} {res} 15910350.6       305   52165.084   {txt}Root MSE        =   {res} 112.77

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2603905{col 29}{space 2} .0582742{col 40}{space 1}   -4.47{col 49}{space 3}0.000{col 57}{space 4}-.3751484{col 70}{space 3}-.1456326
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.388829{col 29}{space 2} .8384837{col 40}{space 1}    1.66{col 49}{space 3}0.099{col 57}{space 4}-.2623746{col 70}{space 3} 3.040033
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .107284{col 29}{space 2} .0687357{col 40}{space 1}    1.56{col 49}{space 3}0.120{col 57}{space 4}-.0280755{col 70}{space 3} .2426434
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8964253{col 29}{space 2} 1.250657{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-3.359311{col 70}{space 3}  1.56646
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0093221{col 29}{space 2} .0659534{col 40}{space 1}   -0.14{col 49}{space 3}0.888{col 57}{space 4}-.1392024{col 70}{space 3} .1205583
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -.249147{col 29}{space 2} 1.238135{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-2.687374{col 70}{space 3}  2.18908
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1063253{col 29}{space 2} .0635815{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-.2315347{col 70}{space 3} .0188841
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.517075{col 29}{space 2} 1.270753{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-4.019535{col 70}{space 3} .9853852
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-80.30914{col 29}{space 2} 31.89501{col 40}{space 1}   -2.52{col 49}{space 3}0.012{col 57}{space 4}-143.1191{col 70}{space 3}-17.49913
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 31.35009{col 29}{space 2}  52.5209{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-72.07794{col 70}{space 3} 134.7781
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 159.1595{col 29}{space 2} 41.41487{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 77.60229{col 70}{space 3} 240.7167
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-235.5518{col 29}{space 2} 57.39192{col 40}{space 1}   -4.10{col 49}{space 3}0.000{col 57}{space 4}-348.5722{col 70}{space 3}-122.5314
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 291.4758{col 29}{space 2} 69.63725{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4}  154.341{col 70}{space 3} 428.6107
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-23.12063{col 29}{space 2} 27.85427{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-77.97332{col 70}{space 3} 31.73206
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 51.03298{col 29}{space 2} 50.48446{col 40}{space 1}    1.01{col 49}{space 3}0.313{col 57}{space 4}-48.38474{col 70}{space 3} 150.4507
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 25.07606{col 29}{space 2} 52.73234{col 40}{space 1}    0.48{col 49}{space 3}0.635{col 57}{space 4}-78.76836{col 70}{space 3} 128.9205
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 371.0243{col 29}{space 2} 65.88914{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 241.2706{col 70}{space 3} 500.7781
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}   21.307{col 29}{space 2} 84.70784{col 40}{space 1}    0.25{col 49}{space 3}0.802{col 57}{space 4}-145.5059{col 70}{space 3} 188.1199
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  297.966{col 29}{space 2} 74.23375{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4} 151.7794{col 70}{space 3} 444.1526
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  409.161{col 29}{space 2} 65.93104{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 279.3248{col 70}{space 3} 538.9973
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 411.3488{col 29}{space 2} 71.33154{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 270.8775{col 70}{space 3} 551.8201
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 484.0885{col 29}{space 2}  65.9756{col 40}{space 1}    7.34{col 49}{space 3}0.000{col 57}{space 4} 354.1645{col 70}{space 3} 614.0125
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 268.5244{col 29}{space 2} 66.50531{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 137.5572{col 70}{space 3} 399.4915
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 684.4833{col 29}{space 2}  62.0906{col 40}{space 1}   11.02{col 49}{space 3}0.000{col 57}{space 4} 562.2099{col 70}{space 3} 806.7567
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 616.0376{col 29}{space 2} 76.34528{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 465.6928{col 70}{space 3} 766.3824
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 483.5207{col 29}{space 2} 82.80711{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 320.4508{col 70}{space 3} 646.5906
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 559.7973{col 29}{space 2} 73.50113{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 415.0534{col 70}{space 3} 704.5411
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 691.0802{col 29}{space 2} 81.46634{col 40}{space 1}    8.48{col 49}{space 3}0.000{col 57}{space 4} 530.6506{col 70}{space 3} 851.5097
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 529.3101{col 29}{space 2} 92.09519{col 40}{space 1}    5.75{col 49}{space 3}0.000{col 57}{space 4} 347.9494{col 70}{space 3} 710.6707
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 701.9175{col 29}{space 2} 90.42452{col 40}{space 1}    7.76{col 49}{space 3}0.000{col 57}{space 4} 523.8469{col 70}{space 3} 879.9882
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 760.7984{col 29}{space 2} 95.85992{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4}  572.024{col 70}{space 3} 949.5729
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 835.6084{col 29}{space 2} 104.8523{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 629.1255{col 70}{space 3} 1042.091
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 951.9085{col 29}{space 2} 108.8954{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 737.4635{col 70}{space 3} 1166.353
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1109.434{col 29}{space 2} 119.9127{col 40}{space 1}    9.25{col 49}{space 3}0.000{col 57}{space 4}  873.293{col 70}{space 3} 1345.575
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1189.14{col 29}{space 2}  133.786{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4} 925.6787{col 70}{space 3} 1452.601
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1228.343{col 29}{space 2} 147.1543{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 938.5553{col 70}{space 3}  1518.13
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1338.851{col 29}{space 2} 161.7255{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 1020.369{col 70}{space 3} 1657.333
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1355.599{col 29}{space 2} 179.2258{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4} 1002.655{col 70}{space 3} 1708.544
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1339.333{col 29}{space 2} 193.8841{col 40}{space 1}    6.91{col 49}{space 3}0.000{col 57}{space 4} 957.5225{col 70}{space 3} 1721.144
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1469.852{col 29}{space 2} 206.5458{col 40}{space 1}    7.12{col 49}{space 3}0.000{col 57}{space 4} 1063.107{col 70}{space 3} 1876.598
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1766.432{col 29}{space 2} 222.5189{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 1328.232{col 70}{space 3} 2204.633
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1853.117{col 29}{space 2} 244.5717{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4} 1371.489{col 70}{space 3} 2334.746
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1446.943{col 29}{space 2} 265.1013{col 40}{space 1}    5.46{col 49}{space 3}0.000{col 57}{space 4} 924.8856{col 70}{space 3}     1969
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1532.942{col 29}{space 2} 271.3607{col 40}{space 1}    5.65{col 49}{space 3}0.000{col 57}{space 4} 998.5587{col 70}{space 3} 2067.326
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1991.064{col 29}{space 2} 282.8861{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4} 1433.984{col 70}{space 3} 2548.145
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1846.055{col 29}{space 2} 308.5836{col 40}{space 1}    5.98{col 49}{space 3}0.000{col 57}{space 4}  1238.37{col 70}{space 3} 2453.741
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2050.802{col 29}{space 2} 316.3818{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 1427.759{col 70}{space 3} 2673.844
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1816.605{col 29}{space 2} 326.9788{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 1172.695{col 70}{space 3} 2460.516
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1485.411{col 29}{space 2} 338.9039{col 40}{space 1}    4.38{col 49}{space 3}0.000{col 57}{space 4} 818.0166{col 70}{space 3} 2152.806
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 784.4985{col 29}{space 2} 233.5279{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 324.6181{col 70}{space 3} 1244.379
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-2095.606{col 38}-1852.853{col 49}    50{col 58} 3805.705{col 69} 3991.884
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 49,       256){col 67}= {res}      3.08
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  -.17606{col 29}{space 2} .0411955{col 40}{space 1}   -4.27{col 49}{space 3}0.000{col 57}{space 4}-.2571853{col 70}{space 3}-.0949348
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0037816{col 29}{space 2} .0023495{col 40}{space 1}    1.61{col 49}{space 3}0.109{col 57}{space 4}-.0008452{col 70}{space 3} .0084083
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0357838{col 29}{space 2} .0429469{col 40}{space 1}    0.83{col 49}{space 3}0.406{col 57}{space 4}-.0487904{col 70}{space 3} .1203579
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0020051{col 29}{space 2} .0033576{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-.0086172{col 70}{space 3}  .004607
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1868019{col 29}{space 2} .0914052{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-.3668037{col 70}{space 3}-.0068001
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0042955{col 29}{space 2}  .004422{col 40}{space 1}    0.97{col 49}{space 3}0.332{col 57}{space 4}-.0044126{col 70}{space 3} .0130036
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0266535{col 29}{space 2} .0365228{col 40}{space 1}    0.73{col 49}{space 3}0.466{col 57}{space 4}-.0452698{col 70}{space 3} .0985769
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026829{col 29}{space 2} .0022766{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-.0071661{col 70}{space 3} .0018003
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.261711{col 29}{space 2} 1.093698{col 40}{space 1}    1.15{col 49}{space 3}0.250{col 57}{space 4}-.8920805{col 70}{space 3} 3.415502
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 6.874345{col 29}{space 2} 2.748932{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4} 1.460946{col 70}{space 3} 12.28774
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.756736{col 29}{space 2} 1.569016{col 40}{space 1}   -1.12{col 49}{space 3}0.264{col 57}{space 4}-4.846559{col 70}{space 3} 1.333087
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.672398{col 29}{space 2} 2.169463{col 40}{space 1}    1.69{col 49}{space 3}0.092{col 57}{space 4}-.5998697{col 70}{space 3} 7.944666
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.536018{col 29}{space 2} 2.968635{col 40}{space 1}    0.52{col 49}{space 3}0.605{col 57}{space 4}-4.310037{col 70}{space 3} 7.382073
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.588753{col 29}{space 2} .8577431{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.1003776{col 70}{space 3} 3.277884
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.291777{col 29}{space 2} 2.606709{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 3.158453{col 70}{space 3}  13.4251
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.846938{col 29}{space 2} 2.969598{col 40}{space 1}    2.31{col 49}{space 3}0.022{col 57}{space 4} .9989865{col 70}{space 3} 12.69489
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.4727635{col 29}{space 2} 3.053172{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4}-6.485295{col 70}{space 3} 5.539768
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-7.085791{col 29}{space 2} 5.032751{col 40}{space 1}   -1.41{col 49}{space 3}0.160{col 57}{space 4}-16.99666{col 70}{space 3} 2.825075
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.723042{col 29}{space 2} 4.125128{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-10.84655{col 70}{space 3} 5.400465
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -3.31744{col 29}{space 2} 4.783043{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-12.73656{col 70}{space 3} 6.101682
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.024955{col 29}{space 2} 4.495516{col 40}{space 1}   -0.67{col 49}{space 3}0.502{col 57}{space 4}-11.87786{col 70}{space 3} 5.827947
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -1.48354{col 29}{space 2} 4.215889{col 40}{space 1}   -0.35{col 49}{space 3}0.725{col 57}{space 4} -9.78578{col 70}{space 3} 6.818699
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.411835{col 29}{space 2} 3.689501{col 40}{space 1}   -1.47{col 49}{space 3}0.144{col 57}{space 4}-12.67747{col 70}{space 3} 1.853803
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.445833{col 29}{space 2} 4.039898{col 40}{space 1}   -0.85{col 49}{space 3}0.394{col 57}{space 4} -11.4015{col 70}{space 3} 4.509832
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.785044{col 29}{space 2} 4.993528{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-16.61867{col 70}{space 3}  3.04858
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.395512{col 29}{space 2} 3.835633{col 40}{space 1}   -0.89{col 49}{space 3}0.377{col 57}{space 4}-10.94892{col 70}{space 3} 4.157899
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-4.855576{col 29}{space 2} 3.822953{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-12.38402{col 70}{space 3} 2.672865
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.38056{col 29}{space 2} 5.654911{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-22.51663{col 70}{space 3}-.2444947
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.063364{col 29}{space 2} 4.587838{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-18.09807{col 70}{space 3}-.0286541
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-7.077414{col 29}{space 2} 4.793062{col 40}{space 1}   -1.48{col 49}{space 3}0.141{col 57}{space 4}-16.51627{col 70}{space 3} 2.361439
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.658196{col 29}{space 2} 4.993104{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-17.49099{col 70}{space 3} 2.174594
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -5.06711{col 29}{space 2} 5.538375{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-15.97369{col 70}{space 3} 5.839467
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -6.15803{col 29}{space 2} 6.001018{col 40}{space 1}   -1.03{col 49}{space 3}0.306{col 57}{space 4}-17.97568{col 70}{space 3} 5.659617
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-10.06979{col 29}{space 2} 5.878492{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-21.64615{col 70}{space 3} 1.506574
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-10.02543{col 29}{space 2} 6.671482{col 40}{space 1}   -1.50{col 49}{space 3}0.134{col 57}{space 4} -23.1634{col 70}{space 3} 3.112548
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-3.089379{col 29}{space 2} 8.421297{col 40}{space 1}   -0.37{col 49}{space 3}0.714{col 57}{space 4}-19.67322{col 70}{space 3} 13.49446
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-11.46738{col 29}{space 2} 7.774125{col 40}{space 1}   -1.48{col 49}{space 3}0.141{col 57}{space 4}-26.77676{col 70}{space 3} 3.841999
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-8.691546{col 29}{space 2} 8.476361{col 40}{space 1}   -1.03{col 49}{space 3}0.306{col 57}{space 4}-25.38382{col 70}{space 3} 8.000731
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-14.15768{col 29}{space 2}  8.64305{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-31.17821{col 70}{space 3} 2.862853
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-14.73799{col 29}{space 2} 8.786639{col 40}{space 1}   -1.68{col 49}{space 3}0.095{col 57}{space 4}-32.04129{col 70}{space 3} 2.565307
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -16.6272{col 29}{space 2}  9.89751{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-36.11811{col 70}{space 3}  2.86371
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-15.09282{col 29}{space 2} 10.85364{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-36.46662{col 70}{space 3} 6.280971
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-21.15091{col 29}{space 2} 11.29633{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-43.39647{col 70}{space 3} 1.094649
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-23.03315{col 29}{space 2} 13.03286{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-48.69842{col 70}{space 3} 2.632112
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-19.33426{col 29}{space 2} 11.92848{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-42.82469{col 70}{space 3} 4.156178
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-25.67146{col 29}{space 2} 13.55323{col 40}{space 1}   -1.89{col 49}{space 3}0.059{col 57}{space 4}-52.36149{col 70}{space 3}  1.01856
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-21.98243{col 29}{space 2} 13.11883{col 40}{space 1}   -1.68{col 49}{space 3}0.095{col 57}{space 4}  -47.817{col 70}{space 3} 3.852136
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-20.67683{col 29}{space 2} 13.57549{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4} -47.4107{col 70}{space 3} 6.057032
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-22.49922{col 29}{space 2} 13.99223{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-50.05375{col 70}{space 3} 5.055311
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.7624{col 29}{space 2} 10.21651{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-32.88151{col 70}{space 3}  7.35671
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(49, 256)      = {res}     2.62
{txt}       Model {c |} {res} 4080.43423        49  83.2741679   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  8128.3912       256  31.7515281   {txt}R-squared       ={res}    0.3342
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2068
{txt}       Total {c |} {res} 12208.8254       305  40.0289358   {txt}Root MSE        =   {res} 5.6348

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  -.17606{col 29}{space 2} .0423079{col 40}{space 1}   -4.16{col 49}{space 3}0.000{col 57}{space 4}-.2593758{col 70}{space 3}-.0927442
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0037816{col 29}{space 2} .0028656{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0018617{col 70}{space 3} .0094248
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0357838{col 29}{space 2}   .06603{col 40}{space 1}    0.54{col 49}{space 3}0.588{col 57}{space 4}-.0942473{col 70}{space 3} .1658149
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0020051{col 29}{space 2} .0031042{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-.0081182{col 70}{space 3}  .004108
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1868019{col 29}{space 2} .0626214{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-.3101205{col 70}{space 3}-.0634833
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0042955{col 29}{space 2} .0032875{col 40}{space 1}    1.31{col 49}{space 3}0.193{col 57}{space 4}-.0021784{col 70}{space 3} .0107695
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0266535{col 29}{space 2} .0605436{col 40}{space 1}    0.44{col 49}{space 3}0.660{col 57}{space 4}-.0925733{col 70}{space 3} .1458804
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026829{col 29}{space 2} .0032468{col 40}{space 1}   -0.83{col 49}{space 3}0.409{col 57}{space 4}-.0090767{col 70}{space 3}  .003711
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.261711{col 29}{space 2} 1.586135{col 40}{space 1}    0.80{col 49}{space 3}0.427{col 57}{space 4}-1.861823{col 70}{space 3} 4.385245
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 6.874345{col 29}{space 2} 2.660247{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4}  1.63559{col 70}{space 3}  12.1131
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.756736{col 29}{space 2} 2.063686{col 40}{space 1}   -0.85{col 49}{space 3}0.395{col 57}{space 4}-5.820699{col 70}{space 3} 2.307227
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.672398{col 29}{space 2} 2.844946{col 40}{space 1}    1.29{col 49}{space 3}0.198{col 57}{space 4}-1.930081{col 70}{space 3} 9.274877
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.536018{col 29}{space 2}  3.47807{col 40}{space 1}    0.44{col 49}{space 3}0.659{col 57}{space 4}-5.313255{col 70}{space 3} 8.385291
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.588753{col 29}{space 2} 1.390356{col 40}{space 1}    1.14{col 49}{space 3}0.254{col 57}{space 4}-1.149238{col 70}{space 3} 4.326745
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.291777{col 29}{space 2} 2.501185{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 3.366258{col 70}{space 3}  13.2173
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.846938{col 29}{space 2} 2.679262{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} 1.570737{col 70}{space 3} 12.12314
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.4727635{col 29}{space 2} 3.335025{col 40}{space 1}   -0.14{col 49}{space 3}0.887{col 57}{space 4} -7.04034{col 70}{space 3} 6.094813
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-7.085791{col 29}{space 2} 3.480195{col 40}{space 1}   -2.04{col 49}{space 3}0.043{col 57}{space 4}-13.93925{col 70}{space 3}-.2323339
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.723042{col 29}{space 2} 3.288337{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-9.198678{col 70}{space 3} 3.752594
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -3.31744{col 29}{space 2} 3.524722{col 40}{space 1}   -0.94{col 49}{space 3}0.347{col 57}{space 4}-10.25858{col 70}{space 3} 3.623702
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.024955{col 29}{space 2} 3.582501{col 40}{space 1}   -0.84{col 49}{space 3}0.399{col 57}{space 4}-10.07988{col 70}{space 3}  4.02997
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -1.48354{col 29}{space 2} 3.573755{col 40}{space 1}   -0.42{col 49}{space 3}0.678{col 57}{space 4}-8.521242{col 70}{space 3} 5.554161
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.411835{col 29}{space 2}   3.3183{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-11.94648{col 70}{space 3} 1.122807
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-3.445833{col 29}{space 2} 3.650897{col 40}{space 1}   -0.94{col 49}{space 3}0.346{col 57}{space 4}-10.63545{col 70}{space 3} 3.743783
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.785044{col 29}{space 2} 4.137703{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-14.93331{col 70}{space 3} 1.363226
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.395512{col 29}{space 2} 3.943973{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}-11.16228{col 70}{space 3} 4.371251
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-4.855576{col 29}{space 2} 3.949693{col 40}{space 1}   -1.23{col 49}{space 3}0.220{col 57}{space 4} -12.6336{col 70}{space 3} 2.922451
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.38056{col 29}{space 2} 4.336255{col 40}{space 1}   -2.62{col 49}{space 3}0.009{col 57}{space 4}-19.91984{col 70}{space 3} -2.84129
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.063364{col 29}{space 2} 4.417976{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-17.76357{col 70}{space 3}-.3631585
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-7.077414{col 29}{space 2} 4.582511{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-16.10163{col 70}{space 3} 1.946805
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.658196{col 29}{space 2} 5.041507{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4} -17.5863{col 70}{space 3} 2.269913
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -5.06711{col 29}{space 2} 5.351327{col 40}{space 1}   -0.95{col 49}{space 3}0.345{col 57}{space 4}-15.60534{col 70}{space 3} 5.471119
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -6.15803{col 29}{space 2} 5.875541{col 40}{space 1}   -1.05{col 49}{space 3}0.296{col 57}{space 4}-17.72858{col 70}{space 3} 5.412519
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-10.06979{col 29}{space 2} 6.576905{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-23.02151{col 70}{space 3}  2.88194
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-10.02543{col 29}{space 2}  7.32699{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-24.45428{col 70}{space 3} 4.403422
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-3.089379{col 29}{space 2} 7.998704{col 40}{space 1}   -0.39{col 49}{space 3}0.700{col 57}{space 4}-18.84102{col 70}{space 3} 12.66226
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-11.46738{col 29}{space 2} 8.785313{col 40}{space 1}   -1.31{col 49}{space 3}0.193{col 57}{space 4}-28.76807{col 70}{space 3} 5.833305
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-8.691546{col 29}{space 2} 9.519991{col 40}{space 1}   -0.91{col 49}{space 3}0.362{col 57}{space 4}-27.43902{col 70}{space 3} 10.05592
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-14.15768{col 29}{space 2} 10.09119{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}   -34.03{col 70}{space 3}  5.71464
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-14.73799{col 29}{space 2} 10.75918{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-35.92577{col 70}{space 3} 6.449787
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -16.6272{col 29}{space 2} 11.82353{col 40}{space 1}   -1.41{col 49}{space 3}0.161{col 57}{space 4}-39.91097{col 70}{space 3} 6.656571
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-15.09282{col 29}{space 2} 12.86708{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-40.43162{col 70}{space 3} 10.24598
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-21.15091{col 29}{space 2} 13.24174{col 40}{space 1}   -1.60{col 49}{space 3}0.111{col 57}{space 4}-47.22752{col 70}{space 3} 4.925699
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-23.03315{col 29}{space 2} 13.70714{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-50.02626{col 70}{space 3} 3.959951
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-19.33426{col 29}{space 2} 14.82245{col 40}{space 1}   -1.30{col 49}{space 3}0.193{col 57}{space 4}-48.52373{col 70}{space 3} 9.855214
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-25.67146{col 29}{space 2} 15.28901{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-55.77972{col 70}{space 3} 4.436791
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-21.98243{col 29}{space 2} 15.87607{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-53.24676{col 70}{space 3} 9.281895
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-20.67683{col 29}{space 2}   16.535{col 40}{space 1}   -1.25{col 49}{space 3}0.212{col 57}{space 4}-53.23878{col 70}{space 3} 11.88511
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-22.49922{col 29}{space 2} 16.49318{col 40}{space 1}   -1.36{col 49}{space 3}0.174{col 57}{space 4}-54.97881{col 70}{space 3} 9.980368
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.7624{col 29}{space 2} 11.67708{col 40}{space 1}   -1.09{col 49}{space 3}0.275{col 57}{space 4}-35.75777{col 70}{space 3} 10.23298
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-998.2036{col 38}-935.9638{col 49}    50{col 58} 1971.928{col 69} 2158.107
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   254) ={res}    0.20
{txt}{col 13}Prob > F ={res}    0.8216
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   254) ={res}    0.90
{txt}{col 13}Prob > F ={res}    0.4081
{txt}
{com}. 
. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 44,       261){col 67}= {res}     31.97
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2472068{col 29}{space 2} .0508423{col 40}{space 1}   -4.86{col 49}{space 3}0.000{col 57}{space 4}-.3473201{col 70}{space 3}-.1470934
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.113731{col 29}{space 2} .6275819{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4} -.122037{col 70}{space 3} 2.349499
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.2457759{col 29}{space 2} 1.629856{col 40}{space 1}   -0.15{col 49}{space 3}0.880{col 57}{space 4}-3.455117{col 70}{space 3} 2.963565
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-77.35826{col 29}{space 2} 25.21286{col 40}{space 1}   -3.07{col 49}{space 3}0.002{col 57}{space 4}-127.0048{col 70}{space 3}-27.71174
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 44.17317{col 29}{space 2} 39.99491{col 40}{space 1}    1.10{col 49}{space 3}0.270{col 57}{space 4}-34.58059{col 70}{space 3} 122.9269
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 153.4707{col 29}{space 2} 43.63777{col 40}{space 1}    3.52{col 49}{space 3}0.001{col 57}{space 4} 67.54382{col 70}{space 3} 239.3976
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -223.616{col 29}{space 2} 49.43279{col 40}{space 1}   -4.52{col 49}{space 3}0.000{col 57}{space 4}-320.9539{col 70}{space 3}-126.2782
{txt}{space 12}40  {c |}{col 17}{res}{space 2}  284.582{col 29}{space 2} 51.89433{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 182.3972{col 70}{space 3} 386.7669
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-21.79649{col 29}{space 2} 28.80045{col 40}{space 1}   -0.76{col 49}{space 3}0.450{col 57}{space 4}-78.50731{col 70}{space 3} 34.91434
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 56.04657{col 29}{space 2} 41.38519{col 40}{space 1}    1.35{col 49}{space 3}0.177{col 57}{space 4}-25.44478{col 70}{space 3} 137.5379
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 36.30251{col 29}{space 2} 41.67885{col 40}{space 1}    0.87{col 49}{space 3}0.385{col 57}{space 4} -45.7671{col 70}{space 3} 118.3721
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 433.2325{col 29}{space 2} 68.59134{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 298.1696{col 70}{space 3} 568.2953
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 188.5337{col 29}{space 2} 87.49048{col 40}{space 1}    2.15{col 49}{space 3}0.032{col 57}{space 4} 16.25669{col 70}{space 3} 360.8108
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 423.8127{col 29}{space 2} 64.38362{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 297.0352{col 70}{space 3} 550.5901
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 510.6688{col 29}{space 2} 70.04966{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 372.7344{col 70}{space 3} 648.6033
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 540.3651{col 29}{space 2} 58.45455{col 40}{space 1}    9.24{col 49}{space 3}0.000{col 57}{space 4} 425.2626{col 70}{space 3} 655.4677
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 575.9091{col 29}{space 2} 64.19186{col 40}{space 1}    8.97{col 49}{space 3}0.000{col 57}{space 4} 449.5093{col 70}{space 3}  702.309
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 354.3576{col 29}{space 2} 67.57905{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4}  221.288{col 70}{space 3} 487.4271
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 744.2407{col 29}{space 2} 71.21987{col 40}{space 1}   10.45{col 49}{space 3}0.000{col 57}{space 4}  604.002{col 70}{space 3} 884.4794
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 722.3936{col 29}{space 2} 86.46376{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 552.1382{col 70}{space 3} 892.6489
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 598.1898{col 29}{space 2} 92.35868{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 416.3268{col 70}{space 3} 780.0527
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.5871{col 29}{space 2} 88.90686{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 436.5211{col 70}{space 3} 786.6531
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 756.2322{col 29}{space 2} 83.21284{col 40}{space 1}    9.09{col 49}{space 3}0.000{col 57}{space 4} 592.3782{col 70}{space 3} 920.0861
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 625.8276{col 29}{space 2} 89.04706{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 450.4855{col 70}{space 3} 801.1697
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 784.0637{col 29}{space 2} 92.31338{col 40}{space 1}    8.49{col 49}{space 3}0.000{col 57}{space 4}   602.29{col 70}{space 3} 965.8375
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 836.8418{col 29}{space 2} 93.78408{col 40}{space 1}    8.92{col 49}{space 3}0.000{col 57}{space 4}  652.172{col 70}{space 3} 1021.512
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 924.7548{col 29}{space 2} 104.6732{col 40}{space 1}    8.83{col 49}{space 3}0.000{col 57}{space 4} 718.6434{col 70}{space 3} 1130.866
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1027.277{col 29}{space 2}  110.987{col 40}{space 1}    9.26{col 49}{space 3}0.000{col 57}{space 4}  808.733{col 70}{space 3} 1245.821
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  1184.66{col 29}{space 2} 121.1457{col 40}{space 1}    9.78{col 49}{space 3}0.000{col 57}{space 4} 946.1126{col 70}{space 3} 1423.207
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1264.64{col 29}{space 2} 140.3811{col 40}{space 1}    9.01{col 49}{space 3}0.000{col 57}{space 4} 988.2165{col 70}{space 3} 1541.064
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}   1291.4{col 29}{space 2} 153.8781{col 40}{space 1}    8.39{col 49}{space 3}0.000{col 57}{space 4}  988.399{col 70}{space 3}   1594.4
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1385.069{col 29}{space 2} 169.5197{col 40}{space 1}    8.17{col 49}{space 3}0.000{col 57}{space 4} 1051.268{col 70}{space 3} 1718.869
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  1390.54{col 29}{space 2}  190.865{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 1014.709{col 70}{space 3} 1766.371
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1385.552{col 29}{space 2} 200.2968{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4}  991.149{col 70}{space 3} 1779.956
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1501.174{col 29}{space 2} 209.0887{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 1089.458{col 70}{space 3} 1912.889
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1815.111{col 29}{space 2} 226.4576{col 40}{space 1}    8.02{col 49}{space 3}0.000{col 57}{space 4} 1369.195{col 70}{space 3} 2261.028
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1925.74{col 29}{space 2} 254.9072{col 40}{space 1}    7.55{col 49}{space 3}0.000{col 57}{space 4} 1423.803{col 70}{space 3} 2427.676
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1504.269{col 29}{space 2} 264.7328{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4} 982.9848{col 70}{space 3} 2025.553
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1503.972{col 29}{space 2}  267.104{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 978.0185{col 70}{space 3} 2029.925
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1972.893{col 29}{space 2} 265.5022{col 40}{space 1}    7.43{col 49}{space 3}0.000{col 57}{space 4} 1450.094{col 70}{space 3} 2495.692
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1936.783{col 29}{space 2} 289.0165{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 1367.682{col 70}{space 3} 2505.884
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2106.459{col 29}{space 2} 303.5373{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 1508.766{col 70}{space 3} 2704.153
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1827.347{col 29}{space 2} 299.3626{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 1237.874{col 70}{space 3}  2416.82
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1470.211{col 29}{space 2} 284.0012{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4} 910.9858{col 70}{space 3} 2029.436
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 635.1958{col 29}{space 2} 199.3336{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4}  242.689{col 70}{space 3} 1027.703
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(44, 261)      = {res}    22.00
{txt}       Model {c |} {res} 12531567.7        44  284808.358   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3378782.87       261  12945.5282   {txt}R-squared       ={res}    0.7876
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7518
{txt}       Total {c |} {res} 15910350.6       305   52165.084   {txt}Root MSE        =   {res} 113.78

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2472068{col 29}{space 2} .0458351{col 40}{space 1}   -5.39{col 49}{space 3}0.000{col 57}{space 4}-.3374605{col 70}{space 3}-.1569531
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.113731{col 29}{space 2} .7730023{col 40}{space 1}    1.44{col 49}{space 3}0.151{col 57}{space 4}-.4083836{col 70}{space 3} 2.635846
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.2457759{col 29}{space 2} 1.231428{col 40}{space 1}   -0.20{col 49}{space 3}0.842{col 57}{space 4}-2.670574{col 70}{space 3} 2.179022
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-77.35826{col 29}{space 2} 30.27176{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-136.9662{col 70}{space 3}-17.75031
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 44.17317{col 29}{space 2} 49.36745{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-53.03602{col 70}{space 3} 141.3824
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 153.4707{col 29}{space 2} 36.85042{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 80.90874{col 70}{space 3} 226.0327
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -223.616{col 29}{space 2} 48.69732{col 40}{space 1}   -4.59{col 49}{space 3}0.000{col 57}{space 4}-319.5057{col 70}{space 3}-127.7264
{txt}{space 12}40  {c |}{col 17}{res}{space 2}  284.582{col 29}{space 2} 59.51015{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 167.4009{col 70}{space 3} 401.7632
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-21.79649{col 29}{space 2} 28.04836{col 40}{space 1}   -0.78{col 49}{space 3}0.438{col 57}{space 4}-77.02637{col 70}{space 3}  33.4334
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 56.04657{col 29}{space 2} 48.12058{col 40}{space 1}    1.16{col 49}{space 3}0.245{col 57}{space 4}-38.70742{col 70}{space 3} 150.8006
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 36.30251{col 29}{space 2} 49.16439{col 40}{space 1}    0.74{col 49}{space 3}0.461{col 57}{space 4}-60.50683{col 70}{space 3} 133.1119
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 433.2325{col 29}{space 2} 55.73582{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 323.4834{col 70}{space 3} 542.9816
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 188.5337{col 29}{space 2}  54.2717{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 81.66762{col 70}{space 3} 295.3998
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 423.8127{col 29}{space 2} 54.85985{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 315.7884{col 70}{space 3} 531.8369
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 510.6688{col 29}{space 2} 53.96128{col 40}{space 1}    9.46{col 49}{space 3}0.000{col 57}{space 4}  404.414{col 70}{space 3} 616.9237
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 540.3651{col 29}{space 2} 54.14364{col 40}{space 1}    9.98{col 49}{space 3}0.000{col 57}{space 4} 433.7512{col 70}{space 3} 646.9791
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 575.9091{col 29}{space 2}  55.4728{col 40}{space 1}   10.38{col 49}{space 3}0.000{col 57}{space 4} 466.6779{col 70}{space 3} 685.1403
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 354.3576{col 29}{space 2} 57.88956{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 240.3675{col 70}{space 3} 468.3476
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 744.2407{col 29}{space 2} 56.65421{col 40}{space 1}   13.14{col 49}{space 3}0.000{col 57}{space 4} 632.6832{col 70}{space 3} 855.7982
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 722.3936{col 29}{space 2} 62.83886{col 40}{space 1}   11.50{col 49}{space 3}0.000{col 57}{space 4} 598.6579{col 70}{space 3} 846.1292
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 598.1898{col 29}{space 2} 68.19318{col 40}{space 1}    8.77{col 49}{space 3}0.000{col 57}{space 4} 463.9109{col 70}{space 3} 732.4686
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.5871{col 29}{space 2} 69.05461{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4}  475.612{col 70}{space 3} 747.5622
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 756.2322{col 29}{space 2} 71.65705{col 40}{space 1}   10.55{col 49}{space 3}0.000{col 57}{space 4} 615.1327{col 70}{space 3} 897.3317
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 625.8276{col 29}{space 2} 77.45494{col 40}{space 1}    8.08{col 49}{space 3}0.000{col 57}{space 4} 473.3115{col 70}{space 3} 778.3437
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 784.0637{col 29}{space 2} 77.26746{col 40}{space 1}   10.15{col 49}{space 3}0.000{col 57}{space 4} 631.9168{col 70}{space 3} 936.2107
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 836.8418{col 29}{space 2} 82.28037{col 40}{space 1}   10.17{col 49}{space 3}0.000{col 57}{space 4} 674.8239{col 70}{space 3} 998.8596
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 924.7548{col 29}{space 2} 87.82376{col 40}{space 1}   10.53{col 49}{space 3}0.000{col 57}{space 4} 751.8215{col 70}{space 3} 1097.688
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1027.277{col 29}{space 2} 95.27566{col 40}{space 1}   10.78{col 49}{space 3}0.000{col 57}{space 4} 839.6702{col 70}{space 3} 1214.884
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  1184.66{col 29}{space 2} 105.7823{col 40}{space 1}   11.20{col 49}{space 3}0.000{col 57}{space 4} 976.3646{col 70}{space 3} 1392.955
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1264.64{col 29}{space 2} 120.3922{col 40}{space 1}   10.50{col 49}{space 3}0.000{col 57}{space 4} 1027.576{col 70}{space 3} 1501.704
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}   1291.4{col 29}{space 2}  133.941{col 40}{space 1}    9.64{col 49}{space 3}0.000{col 57}{space 4} 1027.657{col 70}{space 3} 1555.142
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1385.069{col 29}{space 2} 145.5496{col 40}{space 1}    9.52{col 49}{space 3}0.000{col 57}{space 4} 1098.468{col 70}{space 3}  1671.67
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  1390.54{col 29}{space 2} 159.1352{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 1077.188{col 70}{space 3} 1703.892
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1385.552{col 29}{space 2} 169.9612{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4} 1050.883{col 70}{space 3} 1720.222
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1501.174{col 29}{space 2} 178.3313{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 1150.023{col 70}{space 3} 1852.325
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1815.111{col 29}{space 2} 189.8031{col 40}{space 1}    9.56{col 49}{space 3}0.000{col 57}{space 4} 1441.371{col 70}{space 3} 2188.851
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1925.74{col 29}{space 2} 211.6567{col 40}{space 1}    9.10{col 49}{space 3}0.000{col 57}{space 4} 1508.968{col 70}{space 3} 2342.512
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1504.269{col 29}{space 2} 233.4057{col 40}{space 1}    6.44{col 49}{space 3}0.000{col 57}{space 4} 1044.671{col 70}{space 3} 1963.867
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1503.972{col 29}{space 2} 232.3406{col 40}{space 1}    6.47{col 49}{space 3}0.000{col 57}{space 4} 1046.471{col 70}{space 3} 1961.472
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1972.893{col 29}{space 2} 230.8169{col 40}{space 1}    8.55{col 49}{space 3}0.000{col 57}{space 4} 1518.393{col 70}{space 3} 2427.393
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1936.783{col 29}{space 2} 250.4184{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 1443.686{col 70}{space 3} 2429.881
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2106.459{col 29}{space 2} 263.4247{col 40}{space 1}    8.00{col 49}{space 3}0.000{col 57}{space 4} 1587.751{col 70}{space 3} 2625.168
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1827.347{col 29}{space 2} 279.9783{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 1276.043{col 70}{space 3} 2378.651
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1470.211{col 29}{space 2} 280.0556{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 918.7549{col 70}{space 3} 2021.667
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 635.1958{col 29}{space 2} 184.0063{col 40}{space 1}    3.45{col 49}{space 3}0.001{col 57}{space 4}   272.87{col 70}{space 3} 997.5216
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-2095.606{col 38} -1858.54{col 49}    45{col 58} 3807.079{col 69} 3974.641
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       306
{txt}maximum lag: {res}6{col 49}{txt}F( 44,       261){col 67}= {res}      3.19
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2037444{col 29}{space 2} .0404837{col 40}{space 1}   -5.03{col 49}{space 3}0.000{col 57}{space 4}-.2834607{col 70}{space 3}-.1240282
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0049461{col 29}{space 2} .0023417{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} .0003351{col 70}{space 3}  .009557
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0006209{col 29}{space 2} .0041297{col 40}{space 1}   -0.15{col 49}{space 3}0.881{col 57}{space 4}-.0087527{col 70}{space 3} .0075109
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.600602{col 29}{space 2} 1.115227{col 40}{space 1}    1.44{col 49}{space 3}0.152{col 57}{space 4} -.595386{col 70}{space 3}  3.79659
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  8.08839{col 29}{space 2} 2.637771{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 2.894369{col 70}{space 3} 13.28241
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -2.36434{col 29}{space 2} 1.499855{col 40}{space 1}   -1.58{col 49}{space 3}0.116{col 57}{space 4}-5.317696{col 70}{space 3}  .589016
{txt}{space 12}28  {c |}{col 17}{res}{space 2}  4.73216{col 29}{space 2} 2.234937{col 40}{space 1}    2.12{col 49}{space 3}0.035{col 57}{space 4} .3313562{col 70}{space 3} 9.132963
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.060972{col 29}{space 2} 2.970237{col 40}{space 1}    0.36{col 49}{space 3}0.721{col 57}{space 4}-4.787707{col 70}{space 3}  6.90965
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.750853{col 29}{space 2} .8695647{col 40}{space 1}    2.01{col 49}{space 3}0.045{col 57}{space 4} .0385975{col 70}{space 3} 3.463108
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.059526{col 29}{space 2} 2.591303{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4} 3.957005{col 70}{space 3} 14.16205
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 8.046473{col 29}{space 2} 2.772231{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} 2.587687{col 70}{space 3} 13.50526
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} .7833902{col 29}{space 2} 2.815244{col 40}{space 1}    0.28{col 49}{space 3}0.781{col 57}{space 4}-4.760091{col 70}{space 3} 6.326872
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.939141{col 29}{space 2} 4.286426{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-12.37952{col 70}{space 3} 4.501237
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.400003{col 29}{space 2} 3.650558{col 40}{space 1}   -0.66{col 49}{space 3}0.511{col 57}{space 4}-9.588296{col 70}{space 3} 4.788291
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7439019{col 29}{space 2} 3.399732{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-7.438297{col 70}{space 3} 5.950493
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.442025{col 29}{space 2} 3.569472{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-8.470654{col 70}{space 3} 5.586604
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.7674573{col 29}{space 2} 3.712974{col 40}{space 1}   -0.21{col 49}{space 3}0.836{col 57}{space 4}-8.078654{col 70}{space 3}  6.54374
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.371527{col 29}{space 2} 3.404701{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-11.07571{col 70}{space 3} 2.332651
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-4.364261{col 29}{space 2}  4.59364{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-13.40957{col 70}{space 3} 4.681051
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.924494{col 29}{space 2} 4.381405{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4} -13.5519{col 70}{space 3} 3.702908
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.026889{col 29}{space 2} 4.111035{col 40}{space 1}   -0.74{col 49}{space 3}0.462{col 57}{space 4}-11.12191{col 70}{space 3} 5.068128
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.112504{col 29}{space 2} 4.285655{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-13.55136{col 70}{space 3} 3.326357
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.98377{col 29}{space 2} 6.558447{col 40}{space 1}   -1.83{col 49}{space 3}0.069{col 57}{space 4}-24.89798{col 70}{space 3} .9304323
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.930311{col 29}{space 2}  4.85142{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-18.48322{col 70}{space 3} .6225953
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.938553{col 29}{space 2} 5.327205{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4}-17.42833{col 70}{space 3} 3.551219
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.630933{col 29}{space 2} 5.534282{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-18.52846{col 70}{space 3} 3.266592
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-5.882336{col 29}{space 2} 6.271861{col 40}{space 1}   -0.94{col 49}{space 3}0.349{col 57}{space 4}-18.23222{col 70}{space 3} 6.467551
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -6.88022{col 29}{space 2} 6.838317{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4}-20.34551{col 70}{space 3} 6.585074
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.52979{col 29}{space 2} 7.155109{col 40}{space 1}   -1.61{col 49}{space 3}0.108{col 57}{space 4}-25.61888{col 70}{space 3} 2.559292
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-11.62076{col 29}{space 2} 7.832024{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-27.04275{col 70}{space 3} 3.801241
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.508307{col 29}{space 2} 9.679526{col 40}{space 1}   -0.47{col 49}{space 3}0.642{col 57}{space 4}-23.56821{col 70}{space 3}  14.5516
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.40287{col 29}{space 2} 9.277603{col 40}{space 1}   -1.44{col 49}{space 3}0.150{col 57}{space 4}-31.67135{col 70}{space 3} 4.865613
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -12.5025{col 29}{space 2} 9.723794{col 40}{space 1}   -1.29{col 49}{space 3}0.200{col 57}{space 4}-31.64957{col 70}{space 3} 6.644577
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.43551{col 29}{space 2} 10.25178{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4}-36.62224{col 70}{space 3} 3.751224
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-18.25293{col 29}{space 2} 10.51436{col 40}{space 1}   -1.74{col 49}{space 3}0.084{col 57}{space 4} -38.9567{col 70}{space 3} 2.450835
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.72349{col 29}{space 2} 11.90756{col 40}{space 1}   -1.66{col 49}{space 3}0.099{col 57}{space 4}-43.17061{col 70}{space 3} 3.723631
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-17.84394{col 29}{space 2} 12.89458{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-43.23459{col 70}{space 3} 7.546711
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-24.21865{col 29}{space 2}  12.8783{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-49.57725{col 70}{space 3} 1.139946
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -29.3834{col 29}{space 2} 13.84542{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-56.64633{col 70}{space 3}-2.120461
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  -24.232{col 29}{space 2} 13.74798{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-51.30308{col 70}{space 3} 2.839086
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -27.8277{col 29}{space 2} 14.70181{col 40}{space 1}   -1.89{col 49}{space 3}0.059{col 57}{space 4}-56.77695{col 70}{space 3} 1.121546
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-27.82463{col 29}{space 2} 15.34384{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-58.03811{col 70}{space 3} 2.388848
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-25.18649{col 29}{space 2} 15.44163{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-55.59253{col 70}{space 3} 5.219544
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-28.45012{col 29}{space 2} 14.82016{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-57.63243{col 70}{space 3} .7321858
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.62012{col 29}{space 2} 8.691207{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-35.73394{col 70}{space 3}-1.506314
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       306
{txt}{hline 13}{c +}{hline 34}   F(44, 261)      = {res}     2.55
{txt}       Model {c |} {res} 3673.19797        44  83.4817721   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8535.62745       261  32.7035534   {txt}R-squared       ={res}    0.3009
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1830
{txt}       Total {c |} {res} 12208.8254       305  40.0289358   {txt}Root MSE        =   {res} 5.7187

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2037444{col 29}{space 2} .0369116{col 40}{space 1}   -5.52{col 49}{space 3}0.000{col 57}{space 4} -.276427{col 70}{space 3}-.1310619
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0049461{col 29}{space 2} .0024094{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} .0002018{col 70}{space 3} .0096903
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0006209{col 29}{space 2} .0031109{col 40}{space 1}   -0.20{col 49}{space 3}0.842{col 57}{space 4}-.0067465{col 70}{space 3} .0055047
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.600602{col 29}{space 2} 1.537239{col 40}{space 1}    1.04{col 49}{space 3}0.299{col 57}{space 4}-1.426367{col 70}{space 3} 4.627571
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  8.08839{col 29}{space 2} 2.434142{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 3.295334{col 70}{space 3} 12.88145
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -2.36434{col 29}{space 2} 1.907112{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-6.119625{col 70}{space 3} 1.390945
{txt}{space 12}28  {c |}{col 17}{res}{space 2}  4.73216{col 29}{space 2} 2.527648{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.2450183{col 70}{space 3} 9.709338
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.060972{col 29}{space 2} 3.118678{col 40}{space 1}    0.34{col 49}{space 3}0.734{col 57}{space 4}-5.080001{col 70}{space 3} 7.201944
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.750853{col 29}{space 2} 1.407223{col 40}{space 1}    1.24{col 49}{space 3}0.215{col 57}{space 4}-1.020102{col 70}{space 3} 4.521808
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.059526{col 29}{space 2}  2.35917{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 4.414096{col 70}{space 3} 13.70496
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 8.046473{col 29}{space 2} 2.423007{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 3.275342{col 70}{space 3}  12.8176
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} .7833902{col 29}{space 2} 3.108384{col 40}{space 1}    0.25{col 49}{space 3}0.801{col 57}{space 4}-5.337312{col 70}{space 3} 6.904092
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.939141{col 29}{space 2} 2.779466{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-9.412173{col 70}{space 3} 1.533891
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.400003{col 29}{space 2} 3.052778{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-8.411211{col 70}{space 3} 3.611206
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7439019{col 29}{space 2} 3.142926{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-6.932621{col 70}{space 3} 5.444818
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.442025{col 29}{space 2} 3.197506{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-7.738217{col 70}{space 3} 4.854167
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.7674573{col 29}{space 2} 3.313888{col 40}{space 1}   -0.23{col 49}{space 3}0.817{col 57}{space 4}-7.292818{col 70}{space 3} 5.757903
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.371527{col 29}{space 2} 3.099698{col 40}{space 1}   -1.41{col 49}{space 3}0.160{col 57}{space 4}-10.47513{col 70}{space 3} 1.732072
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-4.364261{col 29}{space 2}  3.66015{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-11.57144{col 70}{space 3} 2.842922
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-4.924494{col 29}{space 2} 3.864399{col 40}{space 1}   -1.27{col 49}{space 3}0.204{col 57}{space 4}-12.53386{col 70}{space 3} 2.684874
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.026889{col 29}{space 2} 3.895663{col 40}{space 1}   -0.78{col 49}{space 3}0.438{col 57}{space 4}-10.69782{col 70}{space 3}  4.64404
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.112504{col 29}{space 2} 3.945466{col 40}{space 1}   -1.30{col 49}{space 3}0.196{col 57}{space 4} -12.8815{col 70}{space 3} 2.656492
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.98377{col 29}{space 2} 4.237535{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4}-20.32788{col 70}{space 3}-3.639664
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.930311{col 29}{space 2} 4.317519{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-17.43191{col 70}{space 3}-.4287081
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.938553{col 29}{space 2} 4.565978{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4} -15.9294{col 70}{space 3} 2.052289
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.630933{col 29}{space 2} 4.863951{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-17.20851{col 70}{space 3} 1.946647
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-5.882336{col 29}{space 2} 5.256392{col 40}{space 1}   -1.12{col 49}{space 3}0.264{col 57}{space 4}-16.23267{col 70}{space 3} 4.467998
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -6.88022{col 29}{space 2} 5.741499{col 40}{space 1}   -1.20{col 49}{space 3}0.232{col 57}{space 4}-18.18577{col 70}{space 3} 4.425335
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.52979{col 29}{space 2} 6.429846{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-24.19077{col 70}{space 3}  1.13118
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-11.62076{col 29}{space 2} 7.181825{col 40}{space 1}   -1.62{col 49}{space 3}0.107{col 57}{space 4}-25.76245{col 70}{space 3} 2.520939
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-4.508307{col 29}{space 2} 7.834882{col 40}{space 1}   -0.58{col 49}{space 3}0.566{col 57}{space 4}-19.93593{col 70}{space 3} 10.91932
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.40287{col 29}{space 2} 8.449728{col 40}{space 1}   -1.59{col 49}{space 3}0.114{col 57}{space 4}-30.04118{col 70}{space 3} 3.235447
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} -12.5025{col 29}{space 2} 9.060421{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-30.34332{col 70}{space 3} 5.338332
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-16.43551{col 29}{space 2} 9.514286{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-35.17004{col 70}{space 3} 2.299022
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-18.25293{col 29}{space 2} 10.04367{col 40}{space 1}   -1.82{col 49}{space 3}0.070{col 57}{space 4}-38.02986{col 70}{space 3} 1.523998
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.72349{col 29}{space 2} 11.01848{col 40}{space 1}   -1.79{col 49}{space 3}0.075{col 57}{space 4}-41.41993{col 70}{space 3} 1.972949
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-17.84394{col 29}{space 2} 12.15923{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-41.78661{col 70}{space 3} 6.098732
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-24.21865{col 29}{space 2} 12.54113{col 40}{space 1}   -1.93{col 49}{space 3}0.055{col 57}{space 4}-48.91333{col 70}{space 3} .4760239
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -29.3834{col 29}{space 2} 12.44819{col 40}{space 1}   -2.36{col 49}{space 3}0.019{col 57}{space 4}-53.89507{col 70}{space 3}-4.871722
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  -24.232{col 29}{space 2} 13.03892{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-49.90687{col 70}{space 3} 1.442875
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -27.8277{col 29}{space 2} 13.84773{col 40}{space 1}   -2.01{col 49}{space 3}0.046{col 57}{space 4} -55.0952{col 70}{space 3}-.5602073
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-27.82463{col 29}{space 2} 14.67256{col 40}{space 1}   -1.90{col 49}{space 3}0.059{col 57}{space 4}-56.71629{col 70}{space 3} 1.067032
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-25.18649{col 29}{space 2} 15.09691{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-54.91373{col 70}{space 3}  4.54075
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-28.45012{col 29}{space 2} 14.69546{col 40}{space 1}   -1.94{col 49}{space 3}0.054{col 57}{space 4}-57.38688{col 70}{space 3} .4866322
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.62012{col 29}{space 2} 9.386757{col 40}{space 1}   -1.98{col 49}{space 3}0.048{col 57}{space 4}-37.10354{col 70}{space 3}-.1367116
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       306{col 27}-998.2036{col 38}-943.4433{col 49}    45{col 58} 1976.887{col 69} 2144.448
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   254) ={res}    1.44
{txt}{col 13}Prob > F ={res}    0.1992
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   254) ={res}    1.65
{txt}{col 13}Prob > F ={res}    0.1333
{txt}
{com}. 
. 
. 
. 
. *** 2.F: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       264){col 67}= {res}     40.99
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2576453{col 29}{space 2} .0544787{col 40}{space 1}   -4.73{col 49}{space 3}0.000{col 57}{space 4}-.3649133{col 70}{space 3}-.1503773
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.637253{col 29}{space 2} .7795109{col 40}{space 1}    2.10{col 49}{space 3}0.037{col 57}{space 4} .1024036{col 70}{space 3} 3.172103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1126924{col 29}{space 2} .0719847{col 40}{space 1}    1.57{col 49}{space 3}0.119{col 57}{space 4}-.0290448{col 70}{space 3} .2544297
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8197158{col 29}{space 2} 1.266345{col 40}{space 1}   -0.65{col 49}{space 3}0.518{col 57}{space 4}-3.313138{col 70}{space 3} 1.673706
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0317755{col 29}{space 2} .0648253{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-.1594158{col 70}{space 3} .0958649
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.6379737{col 29}{space 2} 1.270052{col 40}{space 1}   -0.50{col 49}{space 3}0.616{col 57}{space 4}-3.138694{col 70}{space 3} 1.862747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1543835{col 29}{space 2}  .062601{col 40}{space 1}   -2.47{col 49}{space 3}0.014{col 57}{space 4}-.2776444{col 70}{space 3}-.0311227
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.131078{col 29}{space 2} 1.169956{col 40}{space 1}   -0.97{col 49}{space 3}0.335{col 57}{space 4} -3.43471{col 70}{space 3} 1.172554
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-73.44441{col 29}{space 2} 26.26888{col 40}{space 1}   -2.80{col 49}{space 3}0.006{col 57}{space 4}-125.1676{col 70}{space 3}-21.72124
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 22.78175{col 29}{space 2} 45.46635{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4}-66.74106{col 70}{space 3} 112.3046
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 153.8211{col 29}{space 2} 44.87383{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 65.46496{col 70}{space 3} 242.1773
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-229.7638{col 29}{space 2} 53.19824{col 40}{space 1}   -4.32{col 49}{space 3}0.000{col 57}{space 4}-334.5107{col 70}{space 3} -125.017
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 279.6054{col 29}{space 2} 55.19398{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4}  170.929{col 70}{space 3} 388.2818
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -17.0885{col 29}{space 2} 31.19758{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-78.51624{col 70}{space 3} 44.33925
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 37.68982{col 29}{space 2}  44.4417{col 40}{space 1}    0.85{col 49}{space 3}0.397{col 57}{space 4}-49.81546{col 70}{space 3} 125.1951
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 19.17939{col 29}{space 2} 45.70182{col 40}{space 1}    0.42{col 49}{space 3}0.675{col 57}{space 4}-70.80706{col 70}{space 3} 109.1658
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-7.087493{col 29}{space 2}  87.9602{col 40}{space 1}   -0.08{col 49}{space 3}0.936{col 57}{space 4}-180.2803{col 70}{space 3} 166.1053
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 333.5695{col 29}{space 2} 94.49434{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4}  147.511{col 70}{space 3} 519.6279
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-42.19256{col 29}{space 2} 99.55708{col 40}{space 1}   -0.42{col 49}{space 3}0.672{col 57}{space 4}-238.2195{col 70}{space 3} 153.8344
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 251.3039{col 29}{space 2} 90.99447{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 72.13662{col 70}{space 3} 430.4711
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 381.3787{col 29}{space 2} 80.67281{col 40}{space 1}    4.73{col 49}{space 3}0.000{col 57}{space 4} 222.5347{col 70}{space 3} 540.2227
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 374.9128{col 29}{space 2} 65.35959{col 40}{space 1}    5.74{col 49}{space 3}0.000{col 57}{space 4} 246.2203{col 70}{space 3} 503.6052
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 459.3154{col 29}{space 2} 61.32642{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 338.5643{col 70}{space 3} 580.0666
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 245.3246{col 29}{space 2} 60.46334{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 126.2729{col 70}{space 3} 364.3764
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 660.4097{col 29}{space 2} 73.50661{col 40}{space 1}    8.98{col 49}{space 3}0.000{col 57}{space 4} 515.6759{col 70}{space 3} 805.1435
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 583.8383{col 29}{space 2} 85.08271{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 416.3113{col 70}{space 3} 751.3653
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 448.5037{col 29}{space 2}  84.8975{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 281.3413{col 70}{space 3} 615.6661
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 543.1995{col 29}{space 2} 80.11342{col 40}{space 1}    6.78{col 49}{space 3}0.000{col 57}{space 4} 385.4569{col 70}{space 3}  700.942
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 663.5598{col 29}{space 2} 83.57835{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 498.9948{col 70}{space 3} 828.1248
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 491.6091{col 29}{space 2} 93.26557{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 307.9701{col 70}{space 3} 675.2482
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 673.4248{col 29}{space 2} 95.13785{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 486.0993{col 70}{space 3} 860.7504
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 731.8852{col 29}{space 2} 95.22691{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 544.3844{col 70}{space 3} 919.3861
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 799.5506{col 29}{space 2} 102.8366{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 597.0663{col 70}{space 3} 1002.035
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 923.1116{col 29}{space 2} 108.1648{col 40}{space 1}    8.53{col 49}{space 3}0.000{col 57}{space 4} 710.1361{col 70}{space 3} 1136.087
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1079.869{col 29}{space 2}   115.68{col 40}{space 1}    9.33{col 49}{space 3}0.000{col 57}{space 4} 852.0962{col 70}{space 3} 1307.642
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1160.336{col 29}{space 2} 130.9513{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4} 902.4946{col 70}{space 3} 1418.178
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1204.719{col 29}{space 2} 140.1034{col 40}{space 1}    8.60{col 49}{space 3}0.000{col 57}{space 4} 928.8567{col 70}{space 3} 1480.581
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1320.047{col 29}{space 2} 158.8138{col 40}{space 1}    8.31{col 49}{space 3}0.000{col 57}{space 4} 1007.344{col 70}{space 3}  1632.75
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1326.506{col 29}{space 2}  179.748{col 40}{space 1}    7.38{col 49}{space 3}0.000{col 57}{space 4} 972.5843{col 70}{space 3} 1680.429
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1311.991{col 29}{space 2} 189.5028{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4} 938.8615{col 70}{space 3}  1685.12
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1440.291{col 29}{space 2} 202.9847{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1040.617{col 70}{space 3} 1839.966
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1732.015{col 29}{space 2} 221.9053{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 1295.086{col 70}{space 3} 2168.944
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1814.776{col 29}{space 2} 248.5529{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 1325.378{col 70}{space 3} 2304.174
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1417.645{col 29}{space 2} 257.3519{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 910.9212{col 70}{space 3} 1924.368
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1515.468{col 29}{space 2} 259.8215{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4} 1003.882{col 70}{space 3} 2027.054
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1961.474{col 29}{space 2} 279.2586{col 40}{space 1}    7.02{col 49}{space 3}0.000{col 57}{space 4} 1411.616{col 70}{space 3} 2511.332
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1791.676{col 29}{space 2} 297.7184{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 1205.472{col 70}{space 3} 2377.881
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2004.994{col 29}{space 2} 307.8638{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 1398.814{col 70}{space 3} 2611.175
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1789.366{col 29}{space 2} 296.7833{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 1205.002{col 70}{space 3} 2373.729
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1455.751{col 29}{space 2} 307.8409{col 40}{space 1}    4.73{col 49}{space 3}0.000{col 57}{space 4} 849.6153{col 70}{space 3} 2061.887
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 806.1285{col 29}{space 2} 217.8348{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 377.2139{col 70}{space 3} 1235.043
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       315
{txt}{hline 13}{c +}{hline 34}   F(50, 264)      = {res}    23.90
{txt}       Model {c |} {res} 15564500.9        50  311290.018   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3438956.77       264  13026.3514   {txt}R-squared       ={res}    0.8190
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7848
{txt}       Total {c |} {res} 19003457.7       314  60520.5658   {txt}Root MSE        =   {res} 114.13

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2576453{col 29}{space 2} .0573587{col 40}{space 1}   -4.49{col 49}{space 3}0.000{col 57}{space 4} -.370584{col 70}{space 3}-.1447066
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.637253{col 29}{space 2} .8301178{col 40}{space 1}    1.97{col 49}{space 3}0.050{col 57}{space 4} .0027592{col 70}{space 3} 3.271747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1126924{col 29}{space 2} .0683066{col 40}{space 1}    1.65{col 49}{space 3}0.100{col 57}{space 4}-.0218027{col 70}{space 3} .2471875
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.8197158{col 29}{space 2} 1.261462{col 40}{space 1}   -0.65{col 49}{space 3}0.516{col 57}{space 4}-3.303522{col 70}{space 3} 1.664091
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0317755{col 29}{space 2} .0646236{col 40}{space 1}   -0.49{col 49}{space 3}0.623{col 57}{space 4}-.1590188{col 70}{space 3} .0954679
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.6379737{col 29}{space 2} 1.232358{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-3.064475{col 70}{space 3} 1.788528
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1543835{col 29}{space 2}  .061691{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-.2758526{col 70}{space 3}-.0329145
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.131078{col 29}{space 2} 1.239516{col 40}{space 1}   -0.91{col 49}{space 3}0.362{col 57}{space 4}-3.571674{col 70}{space 3} 1.309518
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-73.44441{col 29}{space 2} 31.70486{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4} -135.871{col 70}{space 3}-11.01783
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 22.78175{col 29}{space 2} 52.50747{col 40}{space 1}    0.43{col 49}{space 3}0.665{col 57}{space 4}-80.60495{col 70}{space 3} 126.1685
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 153.8211{col 29}{space 2} 41.06187{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 72.97067{col 70}{space 3} 234.6715
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-229.7638{col 29}{space 2} 56.40621{col 40}{space 1}   -4.07{col 49}{space 3}0.000{col 57}{space 4}-340.8271{col 70}{space 3}-118.7005
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 279.6054{col 29}{space 2} 68.75295{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 144.2315{col 70}{space 3} 414.9793
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -17.0885{col 29}{space 2}  27.7496{col 40}{space 1}   -0.62{col 49}{space 3}0.539{col 57}{space 4}-71.72719{col 70}{space 3}  37.5502
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 37.68982{col 29}{space 2} 50.21927{col 40}{space 1}    0.75{col 49}{space 3}0.454{col 57}{space 4}-61.19145{col 70}{space 3} 136.5711
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 19.17939{col 29}{space 2} 52.98689{col 40}{space 1}    0.36{col 49}{space 3}0.718{col 57}{space 4} -85.1513{col 70}{space 3} 123.5101
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-7.087493{col 29}{space 2} 67.54286{col 40}{space 1}   -0.10{col 49}{space 3}0.917{col 57}{space 4}-140.0787{col 70}{space 3} 125.9037
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 333.5695{col 29}{space 2} 87.77954{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 160.7324{col 70}{space 3} 506.4066
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-42.19256{col 29}{space 2}  93.8205{col 40}{space 1}   -0.45{col 49}{space 3}0.653{col 57}{space 4}-226.9242{col 70}{space 3} 142.5391
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 251.3039{col 29}{space 2} 80.48501{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 92.82965{col 70}{space 3} 409.7781
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 381.3787{col 29}{space 2} 69.74334{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 244.0547{col 70}{space 3} 518.7026
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 374.9128{col 29}{space 2} 70.78674{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 235.5343{col 70}{space 3} 514.2912
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 459.3154{col 29}{space 2} 63.34629{col 40}{space 1}    7.25{col 49}{space 3}0.000{col 57}{space 4} 334.5872{col 70}{space 3} 584.0437
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 245.3246{col 29}{space 2} 65.01503{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 117.3107{col 70}{space 3} 373.3386
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 660.4097{col 29}{space 2} 68.35732{col 40}{space 1}    9.66{col 49}{space 3}0.000{col 57}{space 4} 525.8148{col 70}{space 3} 795.0046
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 583.8383{col 29}{space 2} 78.12769{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4} 430.0056{col 70}{space 3}  737.671
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 448.5037{col 29}{space 2} 81.36213{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 288.3025{col 70}{space 3}  608.705
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 543.1995{col 29}{space 2} 76.14549{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 393.2697{col 70}{space 3} 693.1292
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 663.5598{col 29}{space 2} 87.38369{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4} 491.5021{col 70}{space 3} 835.6174
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 491.6091{col 29}{space 2} 95.98804{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 302.6096{col 70}{space 3} 680.6087
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 673.4248{col 29}{space 2} 96.18456{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 484.0384{col 70}{space 3} 862.8113
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 731.8852{col 29}{space 2} 100.8437{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 533.3249{col 70}{space 3} 930.4456
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 799.5506{col 29}{space 2} 108.0767{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 586.7487{col 70}{space 3} 1012.353
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 923.1116{col 29}{space 2} 110.8234{col 40}{space 1}    8.33{col 49}{space 3}0.000{col 57}{space 4} 704.9012{col 70}{space 3} 1141.322
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1079.869{col 29}{space 2} 120.4575{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4} 842.6893{col 70}{space 3} 1317.049
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1160.336{col 29}{space 2} 132.6424{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 899.1648{col 70}{space 3} 1421.508
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1204.719{col 29}{space 2} 145.8802{col 40}{space 1}    8.26{col 49}{space 3}0.000{col 57}{space 4} 917.4823{col 70}{space 3} 1491.956
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1320.047{col 29}{space 2} 161.3464{col 40}{space 1}    8.18{col 49}{space 3}0.000{col 57}{space 4} 1002.358{col 70}{space 3} 1637.737
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1326.506{col 29}{space 2} 179.3818{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 973.3054{col 70}{space 3} 1679.707
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1311.991{col 29}{space 2} 194.5604{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 928.9032{col 70}{space 3} 1695.078
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1440.291{col 29}{space 2} 208.2323{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4} 1030.284{col 70}{space 3} 1850.299
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1732.015{col 29}{space 2} 223.9496{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4}  1291.06{col 70}{space 3} 2172.969
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1814.776{col 29}{space 2} 243.7526{col 40}{space 1}    7.45{col 49}{space 3}0.000{col 57}{space 4} 1334.829{col 70}{space 3} 2294.723
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1417.645{col 29}{space 2} 262.9099{col 40}{space 1}    5.39{col 49}{space 3}0.000{col 57}{space 4} 899.9775{col 70}{space 3} 1935.312
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1515.468{col 29}{space 2} 272.4962{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 978.9254{col 70}{space 3}  2052.01
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1961.474{col 29}{space 2} 286.3788{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 1397.597{col 70}{space 3} 2525.351
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1791.676{col 29}{space 2} 309.0889{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 1183.083{col 70}{space 3}  2400.27
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2004.994{col 29}{space 2} 315.7048{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 1383.375{col 70}{space 3} 2626.614
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1789.366{col 29}{space 2} 326.0477{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 1147.381{col 70}{space 3}  2431.35
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1455.751{col 29}{space 2} 339.6382{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} 787.0068{col 70}{space 3} 2124.495
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 806.1285{col 29}{space 2} 226.1542{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 360.8331{col 70}{space 3} 1251.424
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-2180.656{col 38}-1911.417{col 49}    51{col 58} 3924.835{col 69} 4116.216
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       264){col 67}= {res}      3.01
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1675879{col 29}{space 2} .0409796{col 40}{space 1}   -4.09{col 49}{space 3}0.000{col 57}{space 4}-.2482763{col 70}{space 3}-.0868994
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0032909{col 29}{space 2} .0023507{col 40}{space 1}    1.40{col 49}{space 3}0.163{col 57}{space 4}-.0013375{col 70}{space 3} .0079194
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0307195{col 29}{space 2} .0411397{col 40}{space 1}    0.75{col 49}{space 3}0.456{col 57}{space 4}-.0502841{col 70}{space 3} .1117231
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0016445{col 29}{space 2} .0030853{col 40}{space 1}   -0.53{col 49}{space 3}0.594{col 57}{space 4}-.0077195{col 70}{space 3} .0044305
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1701969{col 29}{space 2} .0874673{col 40}{space 1}   -1.95{col 49}{space 3}0.053{col 57}{space 4}-.3424191{col 70}{space 3} .0020254
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0045234{col 29}{space 2} .0043415{col 40}{space 1}    1.04{col 49}{space 3}0.298{col 57}{space 4}-.0040249{col 70}{space 3} .0130717
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0252372{col 29}{space 2} .0324651{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-.0386863{col 70}{space 3} .0891608
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0027997{col 29}{space 2} .0021635{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-.0070595{col 70}{space 3} .0014602
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.152076{col 29}{space 2} 1.062599{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-.9401701{col 70}{space 3} 3.244323
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 6.809593{col 29}{space 2} 2.683491{col 40}{space 1}    2.54{col 49}{space 3}0.012{col 57}{space 4} 1.525825{col 70}{space 3} 12.09336
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.505092{col 29}{space 2} 1.544301{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-4.545806{col 70}{space 3} 1.535622
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.269672{col 29}{space 2} 2.146197{col 40}{space 1}    1.52{col 49}{space 3}0.129{col 57}{space 4}-.9561696{col 70}{space 3} 7.495514
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.864269{col 29}{space 2} 2.877285{col 40}{space 1}    0.65{col 49}{space 3}0.518{col 57}{space 4}-3.801079{col 70}{space 3} 7.529616
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.526375{col 29}{space 2} .8141485{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.0766752{col 70}{space 3} 3.129426
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 7.986851{col 29}{space 2} 2.519003{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 3.026957{col 70}{space 3} 12.94674
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.695934{col 29}{space 2} 2.878975{col 40}{space 1}    2.33{col 49}{space 3}0.021{col 57}{space 4} 1.027259{col 70}{space 3} 12.36461
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 3.080192{col 29}{space 2} 2.648427{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-2.134535{col 70}{space 3} 8.294919
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.182144{col 29}{space 2} 2.809854{col 40}{space 1}    0.78{col 49}{space 3}0.438{col 57}{space 4}-3.350432{col 70}{space 3} 7.714719
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.368832{col 29}{space 2} 3.715592{col 40}{space 1}   -1.18{col 49}{space 3}0.241{col 57}{space 4} -11.6848{col 70}{space 3} 2.947134
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .0174847{col 29}{space 2} 3.164271{col 40}{space 1}    0.01{col 49}{space 3}0.996{col 57}{space 4}-6.212935{col 70}{space 3} 6.247905
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.5261989{col 29}{space 2} 3.411298{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-7.243011{col 70}{space 3} 6.190614
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.1331752{col 29}{space 2} 2.929706{col 40}{space 1}   -0.05{col 49}{space 3}0.964{col 57}{space 4}-5.901738{col 70}{space 3} 5.635387
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.458843{col 29}{space 2} 2.682765{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-3.823495{col 70}{space 3} 6.741182
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.301696{col 29}{space 2} 1.954291{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-6.149677{col 70}{space 3} 1.546285
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.5006257{col 29}{space 2} 2.423922{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-5.273306{col 70}{space 3} 4.272054
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.707317{col 29}{space 2} 3.166049{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-9.941238{col 70}{space 3} 2.526604
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.0632409{col 29}{space 2}  2.54002{col 40}{space 1}   -0.02{col 49}{space 3}0.980{col 57}{space 4}-5.064515{col 70}{space 3} 4.938034
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.512036{col 29}{space 2} 2.160145{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4} -5.76534{col 70}{space 3} 2.741269
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-8.152211{col 29}{space 2} 4.253124{col 40}{space 1}   -1.92{col 49}{space 3}0.056{col 57}{space 4}-16.52657{col 70}{space 3} .2221489
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.644293{col 29}{space 2} 2.800953{col 40}{space 1}   -2.02{col 49}{space 3}0.045{col 57}{space 4}-11.15934{col 70}{space 3}-.1292423
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.513066{col 29}{space 2} 3.083945{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-9.585324{col 70}{space 3} 2.559192
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.178065{col 29}{space 2} 3.284904{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-10.64601{col 70}{space 3}  2.28988
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -1.54085{col 29}{space 2} 3.727599{col 40}{space 1}   -0.41{col 49}{space 3}0.680{col 57}{space 4}-8.880457{col 70}{space 3} 5.798757
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.563485{col 29}{space 2}  4.37989{col 40}{space 1}   -0.59{col 49}{space 3}0.559{col 57}{space 4}-11.18745{col 70}{space 3} 6.060476
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.449233{col 29}{space 2} 4.376283{col 40}{space 1}   -1.47{col 49}{space 3}0.142{col 57}{space 4}-15.06609{col 70}{space 3} 2.167626
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-6.232692{col 29}{space 2} 4.819795{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-15.72282{col 70}{space 3} 3.257438
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} .9802781{col 29}{space 2} 6.822219{col 40}{space 1}    0.14{col 49}{space 3}0.886{col 57}{space 4}-12.45261{col 70}{space 3} 14.41316
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-7.329217{col 29}{space 2} 6.317278{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-19.76788{col 70}{space 3} 5.109443
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-4.572241{col 29}{space 2} 7.064565{col 40}{space 1}   -0.65{col 49}{space 3}0.518{col 57}{space 4} -18.4823{col 70}{space 3} 9.337821
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-9.712397{col 29}{space 2} 7.193328{col 40}{space 1}   -1.35{col 49}{space 3}0.178{col 57}{space 4}-23.87599{col 70}{space 3} 4.451197
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-10.28718{col 29}{space 2} 7.559731{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-25.17222{col 70}{space 3} 4.597856
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-12.09956{col 29}{space 2} 8.292542{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4} -28.4275{col 70}{space 3} 4.228372
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-10.33886{col 29}{space 2} 9.184099{col 40}{space 1}   -1.13{col 49}{space 3}0.261{col 57}{space 4}-28.42226{col 70}{space 3} 7.744548
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.93413{col 29}{space 2} 9.912601{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-35.45194{col 70}{space 3}  3.58369
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -17.8151{col 29}{space 2} 12.40819{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4} -42.2467{col 70}{space 3} 6.616506
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-14.26499{col 29}{space 2} 10.88134{col 40}{space 1}   -1.31{col 49}{space 3}0.191{col 57}{space 4}-35.69024{col 70}{space 3} 7.160264
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-20.33108{col 29}{space 2} 12.29995{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-44.54957{col 70}{space 3} 3.887413
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-16.54634{col 29}{space 2} 11.90996{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-39.99693{col 70}{space 3} 6.904254
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-14.91691{col 29}{space 2} 12.48002{col 40}{space 1}   -1.20{col 49}{space 3}0.233{col 57}{space 4}-39.48996{col 70}{space 3} 9.656144
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-16.55744{col 29}{space 2} 13.33447{col 40}{space 1}   -1.24{col 49}{space 3}0.215{col 57}{space 4}-42.81289{col 70}{space 3} 9.698009
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}   -13.73{col 29}{space 2} 10.33417{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-34.07789{col 70}{space 3} 6.617885
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       315
{txt}{hline 13}{c +}{hline 34}   F(50, 264)      = {res}     2.63
{txt}       Model {c |} {res}  4072.0329        50  81.4406581   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8184.78666       264  31.0029798   {txt}R-squared       ={res}    0.3322
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2058
{txt}       Total {c |} {res} 12256.8196       314  39.0344572   {txt}Root MSE        =   {res}  5.568

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1675879{col 29}{space 2} .0412495{col 40}{space 1}   -4.06{col 49}{space 3}0.000{col 57}{space 4}-.2488078{col 70}{space 3}-.0863679
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0032909{col 29}{space 2} .0027719{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0021668{col 70}{space 3} .0087487
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0307195{col 29}{space 2} .0648928{col 40}{space 1}    0.47{col 49}{space 3}0.636{col 57}{space 4}-.0970539{col 70}{space 3} .1584929
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0016445{col 29}{space 2} .0029673{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-.0074871{col 70}{space 3} .0041982
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1701969{col 29}{space 2} .0596817{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-.2877095{col 70}{space 3}-.0526842
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0045234{col 29}{space 2} .0032006{col 40}{space 1}    1.41{col 49}{space 3}0.159{col 57}{space 4}-.0017787{col 70}{space 3} .0108254
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0252372{col 29}{space 2} .0562103{col 40}{space 1}    0.45{col 49}{space 3}0.654{col 57}{space 4}-.0854404{col 70}{space 3} .1359149
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0027997{col 29}{space 2} .0031127{col 40}{space 1}   -0.90{col 49}{space 3}0.369{col 57}{space 4}-.0089285{col 70}{space 3} .0033292
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.152076{col 29}{space 2} 1.543511{col 40}{space 1}    0.75{col 49}{space 3}0.456{col 57}{space 4}-1.887083{col 70}{space 3} 4.191236
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 6.809593{col 29}{space 2} 2.604339{col 40}{space 1}    2.61{col 49}{space 3}0.009{col 57}{space 4} 1.681674{col 70}{space 3} 11.93751
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-1.505092{col 29}{space 2} 2.006649{col 40}{space 1}   -0.75{col 49}{space 3}0.454{col 57}{space 4}-5.456165{col 70}{space 3} 2.445982
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.269672{col 29}{space 2} 2.746744{col 40}{space 1}    1.19{col 49}{space 3}0.235{col 57}{space 4} -2.13864{col 70}{space 3} 8.677985
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.864269{col 29}{space 2} 3.360739{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4}-4.752995{col 70}{space 3} 8.481532
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.526375{col 29}{space 2} 1.352095{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.135887{col 70}{space 3} 4.188638
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 7.986851{col 29}{space 2} 2.432959{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 3.196377{col 70}{space 3} 12.77732
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 6.695934{col 29}{space 2} 2.621752{col 40}{space 1}    2.55{col 49}{space 3}0.011{col 57}{space 4} 1.533729{col 70}{space 3} 11.85814
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 3.080192{col 29}{space 2}  3.25659{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4}-3.332003{col 70}{space 3} 9.492387
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 2.182144{col 29}{space 2} 4.169164{col 40}{space 1}    0.52{col 49}{space 3}0.601{col 57}{space 4}  -6.0269{col 70}{space 3} 10.39119
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.368832{col 29}{space 2} 3.668924{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-11.59291{col 70}{space 3} 2.855245
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .0174847{col 29}{space 2} 3.292272{col 40}{space 1}    0.01{col 49}{space 3}0.996{col 57}{space 4}-6.464968{col 70}{space 3} 6.499937
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.5261989{col 29}{space 2} 3.551385{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4}-7.518841{col 70}{space 3} 6.466444
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.1331752{col 29}{space 2} 3.294538{col 40}{space 1}   -0.04{col 49}{space 3}0.968{col 57}{space 4}-6.620089{col 70}{space 3} 6.353738
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.458843{col 29}{space 2} 3.250504{col 40}{space 1}    0.45{col 49}{space 3}0.654{col 57}{space 4}-4.941369{col 70}{space 3} 7.859056
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.301696{col 29}{space 2} 3.027035{col 40}{space 1}   -0.76{col 49}{space 3}0.448{col 57}{space 4}  -8.2619{col 70}{space 3} 3.658508
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.5006257{col 29}{space 2}  3.67907{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4} -7.74468{col 70}{space 3} 6.743429
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.707317{col 29}{space 2} 3.970907{col 40}{space 1}   -0.93{col 49}{space 3}0.351{col 57}{space 4}  -11.526{col 70}{space 3} 4.111361
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.0632409{col 29}{space 2} 3.529481{col 40}{space 1}   -0.02{col 49}{space 3}0.986{col 57}{space 4}-7.012755{col 70}{space 3} 6.886273
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.512036{col 29}{space 2} 3.848896{col 40}{space 1}   -0.39{col 49}{space 3}0.695{col 57}{space 4}-9.090475{col 70}{space 3} 6.066403
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-8.152211{col 29}{space 2} 4.351533{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-16.72034{col 70}{space 3} .4159154
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-5.644293{col 29}{space 2} 4.296615{col 40}{space 1}   -1.31{col 49}{space 3}0.190{col 57}{space 4}-14.10429{col 70}{space 3} 2.815701
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.513066{col 29}{space 2} 4.561058{col 40}{space 1}   -0.77{col 49}{space 3}0.442{col 57}{space 4}-12.49375{col 70}{space 3} 5.467613
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.178065{col 29}{space 2} 5.003522{col 40}{space 1}   -0.84{col 49}{space 3}0.404{col 57}{space 4}-14.02995{col 70}{space 3} 5.673822
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -1.54085{col 29}{space 2} 5.167163{col 40}{space 1}   -0.30{col 49}{space 3}0.766{col 57}{space 4}-11.71495{col 70}{space 3} 8.633245
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.563485{col 29}{space 2} 5.643805{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-13.67608{col 70}{space 3} 8.549114
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-6.449233{col 29}{space 2} 6.278653{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-18.81184{col 70}{space 3} 5.913375
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-6.232692{col 29}{space 2} 6.942331{col 40}{space 1}   -0.90{col 49}{space 3}0.370{col 57}{space 4}-19.90208{col 70}{space 3} 7.436692
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} .9802781{col 29}{space 2} 7.596726{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4} -13.9776{col 70}{space 3} 15.93816
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-7.329217{col 29}{space 2} 8.439199{col 40}{space 1}   -0.87{col 49}{space 3}0.386{col 57}{space 4}-23.94592{col 70}{space 3} 9.287486
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-4.572241{col 29}{space 2} 9.158977{col 40}{space 1}   -0.50{col 49}{space 3}0.618{col 57}{space 4}-22.60618{col 70}{space 3}  13.4617
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-9.712397{col 29}{space 2} 9.740331{col 40}{space 1}   -1.00{col 49}{space 3}0.320{col 57}{space 4}-28.89102{col 70}{space 3} 9.466222
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-10.28718{col 29}{space 2} 10.46407{col 40}{space 1}   -0.98{col 49}{space 3}0.326{col 57}{space 4}-30.89084{col 70}{space 3} 10.31648
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-12.09956{col 29}{space 2} 11.48719{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-34.71774{col 70}{space 3} 10.51861
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-10.33886{col 29}{space 2} 12.40677{col 40}{space 1}   -0.83{col 49}{space 3}0.405{col 57}{space 4}-34.76767{col 70}{space 3} 14.08996
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.93413{col 29}{space 2} 12.72705{col 40}{space 1}   -1.25{col 49}{space 3}0.212{col 57}{space 4}-40.99356{col 70}{space 3}  9.12531
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -17.8151{col 29}{space 2} 13.36177{col 40}{space 1}   -1.33{col 49}{space 3}0.184{col 57}{space 4}-44.12429{col 70}{space 3} 8.494104
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-14.26499{col 29}{space 2} 14.54212{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-42.89828{col 70}{space 3} 14.36831
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-20.33108{col 29}{space 2} 14.86152{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-49.59328{col 70}{space 3}  8.93112
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-16.54634{col 29}{space 2} 15.38675{col 40}{space 1}   -1.08{col 49}{space 3}0.283{col 57}{space 4} -46.8427{col 70}{space 3} 13.75002
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-14.91691{col 29}{space 2} 16.02145{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}  -46.463{col 70}{space 3} 16.62918
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-16.55744{col 29}{space 2} 16.06659{col 40}{space 1}   -1.03{col 49}{space 3}0.304{col 57}{space 4}-48.19241{col 70}{space 3} 15.07753
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}   -13.73{col 29}{space 2} 11.20887{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-35.80017{col 70}{space 3} 8.340162
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-1023.615{col 38}-960.0156{col 49}    51{col 58} 2022.031{col 69} 2213.412
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280inc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 45,       269){col 67}= {res}     34.42
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2549973{col 29}{space 2} .0507861{col 40}{space 1}   -5.02{col 49}{space 3}0.000{col 57}{space 4}-.3549862{col 70}{space 3}-.1550085
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  1.35383{col 29}{space 2} .6384257{col 40}{space 1}    2.12{col 49}{space 3}0.035{col 57}{space 4} .0968833{col 70}{space 3} 2.610776
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} -.119327{col 29}{space 2}  1.64697{col 40}{space 1}   -0.07{col 49}{space 3}0.942{col 57}{space 4}-3.361917{col 70}{space 3} 3.123263
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-72.46816{col 29}{space 2}  24.7128{col 40}{space 1}   -2.93{col 49}{space 3}0.004{col 57}{space 4}-121.1233{col 70}{space 3}-23.81306
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 38.73013{col 29}{space 2}  41.6099{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-43.19235{col 70}{space 3} 120.6526
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 152.1464{col 29}{space 2} 41.99395{col 40}{space 1}    3.62{col 49}{space 3}0.000{col 57}{space 4}  69.4678{col 70}{space 3}  234.825
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-226.3559{col 29}{space 2} 49.89291{col 40}{space 1}   -4.54{col 49}{space 3}0.000{col 57}{space 4}-324.5862{col 70}{space 3}-128.1256
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 283.2982{col 29}{space 2} 53.96462{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 177.0515{col 70}{space 3}  389.545
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-15.35312{col 29}{space 2} 29.65646{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-73.74142{col 70}{space 3} 43.03518
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 46.72228{col 29}{space 2} 44.07472{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}  -40.053{col 70}{space 3} 133.4976
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 36.61691{col 29}{space 2} 42.01478{col 40}{space 1}    0.87{col 49}{space 3}0.384{col 57}{space 4}-46.10271{col 70}{space 3} 119.3365
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} -31.3604{col 29}{space 2} 73.90375{col 40}{space 1}   -0.42{col 49}{space 3}0.672{col 57}{space 4}-176.8637{col 70}{space 3} 114.1429
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 399.3064{col 29}{space 2} 70.53356{col 40}{space 1}    5.66{col 49}{space 3}0.000{col 57}{space 4} 260.4384{col 70}{space 3} 538.1744
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 156.6518{col 29}{space 2} 99.90157{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-40.03659{col 70}{space 3} 353.3402
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 391.8937{col 29}{space 2} 75.17435{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 243.8888{col 70}{space 3} 539.8986
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 480.1516{col 29}{space 2} 72.65506{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4} 337.1067{col 70}{space 3} 623.1964
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 511.2564{col 29}{space 2} 63.55894{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 386.1201{col 70}{space 3} 636.3926
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 547.8594{col 29}{space 2} 65.46451{col 40}{space 1}    8.37{col 49}{space 3}0.000{col 57}{space 4} 418.9715{col 70}{space 3} 676.7474
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 327.5215{col 29}{space 2} 66.60936{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 196.3795{col 70}{space 3} 458.6634
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 716.9943{col 29}{space 2} 70.57206{col 40}{space 1}   10.16{col 49}{space 3}0.000{col 57}{space 4} 578.0505{col 70}{space 3} 855.9381
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 697.8221{col 29}{space 2} 81.30914{col 40}{space 1}    8.58{col 49}{space 3}0.000{col 57}{space 4} 537.7388{col 70}{space 3} 857.9053
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 574.9398{col 29}{space 2} 85.38611{col 40}{space 1}    6.73{col 49}{space 3}0.000{col 57}{space 4} 406.8297{col 70}{space 3} 743.0498
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 588.2308{col 29}{space 2} 81.35718{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4}  428.053{col 70}{space 3} 748.4086
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 733.9795{col 29}{space 2} 74.27862{col 40}{space 1}    9.88{col 49}{space 3}0.000{col 57}{space 4} 587.7381{col 70}{space 3} 880.2209
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 605.8322{col 29}{space 2} 79.55842{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 449.1958{col 70}{space 3} 762.4685
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 764.0223{col 29}{space 2} 82.21827{col 40}{space 1}    9.29{col 49}{space 3}0.000{col 57}{space 4} 602.1491{col 70}{space 3} 925.8954
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  817.762{col 29}{space 2} 83.08943{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 654.1737{col 70}{space 3} 981.3503
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 906.4774{col 29}{space 2} 92.33718{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4} 724.6819{col 70}{space 3} 1088.273
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1009.972{col 29}{space 2} 97.59837{col 40}{space 1}   10.35{col 49}{space 3}0.000{col 57}{space 4} 817.8183{col 70}{space 3} 1202.126
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1169.306{col 29}{space 2} 106.5029{col 40}{space 1}   10.98{col 49}{space 3}0.000{col 57}{space 4} 959.6212{col 70}{space 3} 1378.992
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1252.172{col 29}{space 2} 124.3369{col 40}{space 1}   10.07{col 49}{space 3}0.000{col 57}{space 4} 1007.375{col 70}{space 3} 1496.969
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1280.394{col 29}{space 2} 136.7994{col 40}{space 1}    9.36{col 49}{space 3}0.000{col 57}{space 4}  1011.06{col 70}{space 3} 1549.728
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1375.242{col 29}{space 2} 152.7707{col 40}{space 1}    9.00{col 49}{space 3}0.000{col 57}{space 4} 1074.463{col 70}{space 3}  1676.02
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.909{col 29}{space 2} 173.2746{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 1041.762{col 70}{space 3} 1724.056
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1379.644{col 29}{space 2} 181.0927{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 1023.105{col 70}{space 3} 1736.183
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1496.963{col 29}{space 2} 190.0116{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 1122.863{col 70}{space 3} 1871.062
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1813.237{col 29}{space 2} 207.2661{col 40}{space 1}    8.75{col 49}{space 3}0.000{col 57}{space 4} 1405.167{col 70}{space 3} 2221.307
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1927.56{col 29}{space 2} 236.4043{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4} 1462.122{col 70}{space 3} 2392.998
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  1509.66{col 29}{space 2}  246.081{col 40}{space 1}    6.13{col 49}{space 3}0.000{col 57}{space 4}  1025.17{col 70}{space 3}  1994.15
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1509.891{col 29}{space 2} 247.1869{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 1023.224{col 70}{space 3} 1996.558
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1979.272{col 29}{space 2} 246.1855{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1494.576{col 70}{space 3} 2463.967
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1946.77{col 29}{space 2} 268.9006{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 1417.353{col 70}{space 3} 2476.188
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.873{col 29}{space 2} 284.0759{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 1559.579{col 70}{space 3} 2678.168
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1842.14{col 29}{space 2} 279.3989{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 1292.053{col 70}{space 3} 2392.227
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1484.421{col 29}{space 2}  265.261{col 40}{space 1}    5.60{col 49}{space 3}0.000{col 57}{space 4}  962.169{col 70}{space 3} 2006.672
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 693.7822{col 29}{space 2} 221.6496{col 40}{space 1}    3.13{col 49}{space 3}0.002{col 57}{space 4} 257.3936{col 70}{space 3} 1130.171
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280incols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       315
{txt}{hline 13}{c +}{hline 34}   F(45, 269)      = {res}    25.28
{txt}       Model {c |} {res}   15369190        45  341537.556   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3634267.66       269  13510.2887   {txt}R-squared       ={res}    0.8088
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7768
{txt}       Total {c |} {res} 19003457.7       314  60520.5658   {txt}Root MSE        =   {res} 116.23

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2549973{col 29}{space 2} .0457269{col 40}{space 1}   -5.58{col 49}{space 3}0.000{col 57}{space 4}-.3450254{col 70}{space 3}-.1649693
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  1.35383{col 29}{space 2} .7692063{col 40}{space 1}    1.76{col 49}{space 3}0.080{col 57}{space 4}-.1606004{col 70}{space 3}  2.86826
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} -.119327{col 29}{space 2} 1.255935{col 40}{space 1}   -0.10{col 49}{space 3}0.924{col 57}{space 4} -2.59204{col 70}{space 3} 2.353386
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-72.46816{col 29}{space 2} 30.41902{col 40}{space 1}   -2.38{col 49}{space 3}0.018{col 57}{space 4}-132.3578{col 70}{space 3}-12.57853
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 38.73013{col 29}{space 2} 50.10138{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-59.91057{col 70}{space 3} 137.3708
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 152.1464{col 29}{space 2} 37.01531{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 79.26986{col 70}{space 3}  225.023
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-226.3559{col 29}{space 2}  48.7128{col 40}{space 1}   -4.65{col 49}{space 3}0.000{col 57}{space 4}-322.2627{col 70}{space 3}-130.4491
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 283.2982{col 29}{space 2} 59.95758{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 165.2525{col 70}{space 3}  401.344
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-15.35312{col 29}{space 2} 28.22034{col 40}{space 1}   -0.54{col 49}{space 3}0.587{col 57}{space 4}-70.91395{col 70}{space 3} 40.20771
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 46.72228{col 29}{space 2} 48.46419{col 40}{space 1}    0.96{col 49}{space 3}0.336{col 57}{space 4}-48.69508{col 70}{space 3} 142.1396
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 36.61691{col 29}{space 2} 49.82771{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-61.48499{col 70}{space 3} 134.7188
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} -31.3604{col 29}{space 2} 57.82373{col 40}{space 1}   -0.54{col 49}{space 3}0.588{col 57}{space 4} -145.205{col 70}{space 3} 82.48424
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 399.3064{col 29}{space 2} 64.18759{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 272.9325{col 70}{space 3} 525.6803
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 156.6518{col 29}{space 2} 60.08743{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 38.35036{col 70}{space 3} 274.9533
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 391.8937{col 29}{space 2} 61.97744{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 269.8711{col 70}{space 3} 513.9162
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 480.1516{col 29}{space 2} 59.15974{col 40}{space 1}    8.12{col 49}{space 3}0.000{col 57}{space 4} 363.6766{col 70}{space 3} 596.6266
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 511.2564{col 29}{space 2} 56.48073{col 40}{space 1}    9.05{col 49}{space 3}0.000{col 57}{space 4} 400.0559{col 70}{space 3} 622.4569
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 547.8594{col 29}{space 2} 55.24074{col 40}{space 1}    9.92{col 49}{space 3}0.000{col 57}{space 4} 439.1003{col 70}{space 3} 656.6186
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 327.5215{col 29}{space 2} 54.96922{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 219.2969{col 70}{space 3} 435.7461
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 716.9943{col 29}{space 2} 54.96623{col 40}{space 1}   13.04{col 49}{space 3}0.000{col 57}{space 4} 608.7756{col 70}{space 3}  825.213
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 697.8221{col 29}{space 2} 56.70343{col 40}{space 1}   12.31{col 49}{space 3}0.000{col 57}{space 4} 586.1831{col 70}{space 3}  809.461
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 574.9398{col 29}{space 2} 59.79403{col 40}{space 1}    9.62{col 49}{space 3}0.000{col 57}{space 4}  457.216{col 70}{space 3} 692.6636
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 588.2308{col 29}{space 2} 60.23347{col 40}{space 1}    9.77{col 49}{space 3}0.000{col 57}{space 4} 469.6418{col 70}{space 3} 706.8198
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 733.9795{col 29}{space 2} 62.06849{col 40}{space 1}   11.83{col 49}{space 3}0.000{col 57}{space 4} 611.7777{col 70}{space 3} 856.1813
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 605.8322{col 29}{space 2} 66.31765{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 475.2645{col 70}{space 3} 736.3998
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 764.0223{col 29}{space 2} 66.21134{col 40}{space 1}   11.54{col 49}{space 3}0.000{col 57}{space 4} 633.6639{col 70}{space 3} 894.3806
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  817.762{col 29}{space 2} 70.17534{col 40}{space 1}   11.65{col 49}{space 3}0.000{col 57}{space 4} 679.5992{col 70}{space 3} 955.9247
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 906.4774{col 29}{space 2} 74.87543{col 40}{space 1}   12.11{col 49}{space 3}0.000{col 57}{space 4}  759.061{col 70}{space 3} 1053.894
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1009.972{col 29}{space 2} 81.38599{col 40}{space 1}   12.41{col 49}{space 3}0.000{col 57}{space 4} 849.7375{col 70}{space 3} 1170.207
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1169.306{col 29}{space 2} 90.87929{col 40}{space 1}   12.87{col 49}{space 3}0.000{col 57}{space 4} 990.3813{col 70}{space 3} 1348.232
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1252.172{col 29}{space 2} 104.5887{col 40}{space 1}   11.97{col 49}{space 3}0.000{col 57}{space 4} 1046.255{col 70}{space 3} 1458.089
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1280.394{col 29}{space 2} 117.8053{col 40}{space 1}   10.87{col 49}{space 3}0.000{col 57}{space 4} 1048.457{col 70}{space 3} 1512.332
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1375.242{col 29}{space 2} 128.9856{col 40}{space 1}   10.66{col 49}{space 3}0.000{col 57}{space 4} 1121.292{col 70}{space 3} 1629.191
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1382.909{col 29}{space 2} 142.2754{col 40}{space 1}    9.72{col 49}{space 3}0.000{col 57}{space 4} 1102.794{col 70}{space 3} 1663.024
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1379.644{col 29}{space 2} 152.8881{col 40}{space 1}    9.02{col 49}{space 3}0.000{col 57}{space 4} 1078.634{col 70}{space 3} 1680.653
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1496.963{col 29}{space 2} 161.0863{col 40}{space 1}    9.29{col 49}{space 3}0.000{col 57}{space 4} 1179.812{col 70}{space 3} 1814.113
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1813.237{col 29}{space 2} 172.3504{col 40}{space 1}   10.52{col 49}{space 3}0.000{col 57}{space 4}  1473.91{col 70}{space 3} 2152.564
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1927.56{col 29}{space 2} 193.9626{col 40}{space 1}    9.94{col 49}{space 3}0.000{col 57}{space 4} 1545.682{col 70}{space 3} 2309.438
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  1509.66{col 29}{space 2} 215.5224{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 1085.335{col 70}{space 3} 1933.985
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1509.891{col 29}{space 2} 214.4006{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4} 1087.774{col 70}{space 3} 1932.007
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1979.272{col 29}{space 2} 212.7959{col 40}{space 1}    9.30{col 49}{space 3}0.000{col 57}{space 4} 1560.315{col 70}{space 3} 2398.229
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1946.77{col 29}{space 2} 232.2195{col 40}{space 1}    8.38{col 49}{space 3}0.000{col 57}{space 4} 1489.572{col 70}{space 3} 2403.969
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2118.873{col 29}{space 2} 245.1124{col 40}{space 1}    8.64{col 49}{space 3}0.000{col 57}{space 4} 1636.291{col 70}{space 3} 2601.456
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1842.14{col 29}{space 2} 261.6089{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4} 1327.079{col 70}{space 3} 2357.201
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1484.421{col 29}{space 2} 261.7538{col 40}{space 1}    5.67{col 49}{space 3}0.000{col 57}{space 4} 969.0742{col 70}{space 3} 1999.767
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 693.7822{col 29}{space 2} 201.7976{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 296.4787{col 70}{space 3} 1091.086
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-2180.656{col 38}-1920.118{col 49}    46{col 58} 3932.235{col 69} 4104.853
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pc!=. & year <=1980 &  oldsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 45,       269){col 67}= {res}      3.30
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1983474{col 29}{space 2} .0396863{col 40}{space 1}   -5.00{col 49}{space 3}0.000{col 57}{space 4}-.2764826{col 70}{space 3}-.1202122
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0047677{col 29}{space 2}  .002274{col 40}{space 1}    2.10{col 49}{space 3}0.037{col 57}{space 4} .0002906{col 70}{space 3} .0092447
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0002812{col 29}{space 2}  .003888{col 40}{space 1}   -0.07{col 49}{space 3}0.942{col 57}{space 4} -.007936{col 70}{space 3} .0073736
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.558417{col 29}{space 2} 1.066402{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4}-.5411391{col 70}{space 3} 3.657973
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.905312{col 29}{space 2} 2.615138{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4}  2.75657{col 70}{space 3} 13.05405
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -2.30103{col 29}{space 2} 1.446262{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4}-5.148462{col 70}{space 3} .5464014
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.560261{col 29}{space 2} 2.160145{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} .3073206{col 70}{space 3} 8.813202
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.093834{col 29}{space 2} 2.888375{col 40}{space 1}    0.38{col 49}{space 3}0.705{col 57}{space 4}-4.592862{col 70}{space 3} 6.780529
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.690499{col 29}{space 2} .8326149{col 40}{space 1}    2.03{col 49}{space 3}0.043{col 57}{space 4} .0512284{col 70}{space 3} 3.329769
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.738902{col 29}{space 2} 2.515012{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 3.787291{col 70}{space 3} 13.69051
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.908002{col 29}{space 2} 2.735883{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 2.521535{col 70}{space 3} 13.29447
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 3.165315{col 29}{space 2} 2.294065{col 40}{space 1}    1.38{col 49}{space 3}0.169{col 57}{space 4}-1.351291{col 70}{space 3}  7.68192
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 3.710958{col 29}{space 2} 2.331795{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.8799306{col 70}{space 3} 8.301846
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.8763121{col 29}{space 2} 3.036078{col 40}{space 1}   -0.29{col 49}{space 3}0.773{col 57}{space 4}-6.853809{col 70}{space 3} 5.101185
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .5794667{col 29}{space 2} 2.704006{col 40}{space 1}    0.21{col 49}{space 3}0.830{col 57}{space 4}-4.744239{col 70}{space 3} 5.903173
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 2.260085{col 29}{space 2} 2.390215{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4}-2.445823{col 70}{space 3} 6.965994
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 1.601165{col 29}{space 2} 2.400768{col 40}{space 1}    0.67{col 49}{space 3}0.505{col 57}{space 4} -3.12552{col 70}{space 3} 6.327849
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}    2.307{col 29}{space 2}  2.48485{col 40}{space 1}    0.93{col 49}{space 3}0.354{col 57}{space 4}-2.585228{col 70}{space 3} 7.199228
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.189296{col 29}{space 2} 1.717352{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-4.570458{col 70}{space 3} 2.191865
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.332665{col 29}{space 2} 3.271099{col 40}{space 1}   -0.41{col 49}{space 3}0.684{col 57}{space 4}-7.772877{col 70}{space 3} 5.107546
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.792739{col 29}{space 2}  2.78248{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-7.270947{col 70}{space 3} 3.685468
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .2048552{col 29}{space 2} 2.623682{col 40}{space 1}    0.08{col 49}{space 3}0.938{col 57}{space 4}-4.960707{col 70}{space 3} 5.370418
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.892813{col 29}{space 2} 2.506596{col 40}{space 1}   -0.76{col 49}{space 3}0.451{col 57}{space 4}-6.827854{col 70}{space 3} 3.042229
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-8.804509{col 29}{space 2} 5.332645{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-19.30354{col 70}{space 3} 1.694519
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -5.62208{col 29}{space 2} 3.070297{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-11.66695{col 70}{space 3} .4227882
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.678802{col 29}{space 2} 3.667682{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-10.89982{col 70}{space 3} 3.542211
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.354839{col 29}{space 2}  3.86217{col 40}{space 1}   -1.13{col 49}{space 3}0.261{col 57}{space 4}-11.95876{col 70}{space 3} 3.249087
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-2.596577{col 29}{space 2} 4.637956{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-11.72789{col 70}{space 3} 6.534732
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-3.591599{col 29}{space 2} 5.293961{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4}-14.01447{col 70}{space 3} 6.831268
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-8.239727{col 29}{space 2} 5.626324{col 40}{space 1}   -1.46{col 49}{space 3}0.144{col 57}{space 4}-19.31696{col 70}{space 3} 2.837503
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-8.254973{col 29}{space 2} 6.123366{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-20.31079{col 70}{space 3} 3.800845
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-1.062683{col 29}{space 2} 8.130107{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-17.06942{col 70}{space 3} 14.94405
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-9.968329{col 29}{space 2} 7.588259{col 40}{space 1}   -1.31{col 49}{space 3}0.190{col 57}{space 4}-24.90826{col 70}{space 3} 4.971602
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-8.984648{col 29}{space 2} 8.111722{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4}-24.95519{col 70}{space 3} 6.985889
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-12.86577{col 29}{space 2} 8.516527{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4} -29.6333{col 70}{space 3} 3.901755
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -14.6702{col 29}{space 2} 8.759295{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-31.91569{col 70}{space 3} 2.575294
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-16.17223{col 29}{space 2}  10.1424{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-36.14082{col 70}{space 3} 3.796361
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-14.18889{col 29}{space 2} 11.10546{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-36.05356{col 70}{space 3} 7.675789
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-20.31135{col 29}{space 2} 11.06764{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-42.10157{col 70}{space 3} 1.478869
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-25.48326{col 29}{space 2} 12.15991{col 40}{space 1}   -2.10{col 49}{space 3}0.037{col 57}{space 4}-49.42395{col 70}{space 3}-1.542557
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-20.46428{col 29}{space 2} 11.92084{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-43.93429{col 70}{space 3} 3.005721
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -23.9326{col 29}{space 2} 12.89632{col 40}{space 1}   -1.86{col 49}{space 3}0.065{col 57}{space 4}-49.32315{col 70}{space 3} 1.457946
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-23.90178{col 29}{space 2} 13.48467{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-50.45069{col 70}{space 3} 2.647134
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-21.06786{col 29}{space 2} 13.61065{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-47.86481{col 70}{space 3}  5.72908
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-24.23592{col 29}{space 2}  12.9939{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-49.81859{col 70}{space 3} 1.346746
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-20.97576{col 29}{space 2} 9.414719{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}-39.51167{col 70}{space 3}-2.439855
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pcols!=. & year <=1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       315
{txt}{hline 13}{c +}{hline 34}   F(45, 269)      = {res}     2.58
{txt}       Model {c |} {res} 3692.05361        45  82.0456358   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8564.76596       269  31.8392786   {txt}R-squared       ={res}    0.3012
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1843
{txt}       Total {c |} {res} 12256.8196       314  39.0344572   {txt}Root MSE        =   {res} 5.6426

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1983474{col 29}{space 2} .0355555{col 40}{space 1}   -5.58{col 49}{space 3}0.000{col 57}{space 4}-.2683499{col 70}{space 3}-.1283449
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0047677{col 29}{space 2} .0023265{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} .0001871{col 70}{space 3} .0093482
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0002812{col 29}{space 2} .0029598{col 40}{space 1}   -0.10{col 49}{space 3}0.924{col 57}{space 4}-.0061086{col 70}{space 3} .0055462
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.558417{col 29}{space 2} 1.489176{col 40}{space 1}    1.05{col 49}{space 3}0.296{col 57}{space 4}-1.373506{col 70}{space 3}  4.49034
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.905312{col 29}{space 2} 2.386716{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 3.206294{col 70}{space 3} 12.60433
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -2.30103{col 29}{space 2} 1.847178{col 40}{space 1}   -1.25{col 49}{space 3}0.214{col 57}{space 4}-5.937795{col 70}{space 3} 1.335735
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.560261{col 29}{space 2} 2.442089{col 40}{space 1}    1.87{col 49}{space 3}0.063{col 57}{space 4}-.2477775{col 70}{space 3}   9.3683
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.093834{col 29}{space 2} 3.028316{col 40}{space 1}    0.36{col 49}{space 3}0.718{col 57}{space 4}-4.868381{col 70}{space 3} 7.056048
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.690499{col 29}{space 2} 1.366844{col 40}{space 1}    1.24{col 49}{space 3}0.217{col 57}{space 4}-1.000574{col 70}{space 3} 4.381572
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.738902{col 29}{space 2} 2.295761{col 40}{space 1}    3.81{col 49}{space 3}0.000{col 57}{space 4} 4.218957{col 70}{space 3} 13.25885
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.908002{col 29}{space 2} 2.372848{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 3.236286{col 70}{space 3} 12.57972
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 3.165315{col 29}{space 2}  2.80198{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-2.351285{col 70}{space 3} 8.681914
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 3.710958{col 29}{space 2} 3.324947{col 40}{space 1}    1.12{col 49}{space 3}0.265{col 57}{space 4}-2.835271{col 70}{space 3} 10.25719
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.8763121{col 29}{space 2} 2.953115{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-6.690469{col 70}{space 3} 4.937845
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .5794667{col 29}{space 2}  3.22439{col 40}{space 1}    0.18{col 49}{space 3}0.858{col 57}{space 4}-5.768784{col 70}{space 3} 6.927717
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 2.260085{col 29}{space 2}  3.20138{col 40}{space 1}    0.71{col 49}{space 3}0.481{col 57}{space 4}-4.042861{col 70}{space 3} 8.563032
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 1.601165{col 29}{space 2} 3.130232{col 40}{space 1}    0.51{col 49}{space 3}0.609{col 57}{space 4}-4.561705{col 70}{space 3} 7.764035
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}    2.307{col 29}{space 2} 3.130695{col 40}{space 1}    0.74{col 49}{space 3}0.462{col 57}{space 4}-3.856782{col 70}{space 3} 8.470781
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.189296{col 29}{space 2} 2.838216{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4}-6.777238{col 70}{space 3} 4.398645
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.332665{col 29}{space 2} 3.408424{col 40}{space 1}   -0.39{col 49}{space 3}0.696{col 57}{space 4}-8.043246{col 70}{space 3} 5.377915
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.792739{col 29}{space 2} 3.439702{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-8.564899{col 70}{space 3} 4.979421
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .2048552{col 29}{space 2} 3.364767{col 40}{space 1}    0.06{col 49}{space 3}0.951{col 57}{space 4}-6.419771{col 70}{space 3} 6.829482
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.892813{col 29}{space 2} 3.401211{col 40}{space 1}   -0.56{col 49}{space 3}0.578{col 57}{space 4}-8.589191{col 70}{space 3} 4.803566
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-8.804509{col 29}{space 2} 3.675674{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-16.04126{col 70}{space 3}-1.567761
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -5.62208{col 29}{space 2} 3.669158{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}  -12.846{col 70}{space 3} 1.601839
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-3.678802{col 29}{space 2} 3.923667{col 40}{space 1}   -0.94{col 49}{space 3}0.349{col 57}{space 4} -11.4038{col 70}{space 3} 4.046199
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.354839{col 29}{space 2} 4.170586{col 40}{space 1}   -1.04{col 49}{space 3}0.297{col 57}{space 4}-12.56598{col 70}{space 3} 3.856303
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-2.596577{col 29}{space 2} 4.515086{col 40}{space 1}   -0.58{col 49}{space 3}0.566{col 57}{space 4}-11.48598{col 70}{space 3} 6.292824
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-3.591599{col 29}{space 2} 4.949577{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4}-13.33644{col 70}{space 3} 6.153238
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-8.239727{col 29}{space 2} 5.584797{col 40}{space 1}   -1.48{col 49}{space 3}0.141{col 57}{space 4} -19.2352{col 70}{space 3} 2.755745
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-8.254973{col 29}{space 2}  6.26596{col 40}{space 1}   -1.32{col 49}{space 3}0.189{col 57}{space 4}-20.59153{col 70}{space 3} 4.081586
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-1.062683{col 29}{space 2} 6.860354{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4} -14.5695{col 70}{space 3} 12.44413
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-9.968329{col 29}{space 2} 7.443689{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-24.62363{col 70}{space 3} 4.686968
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-8.984648{col 29}{space 2} 8.009923{col 40}{space 1}   -1.12{col 49}{space 3}0.263{col 57}{space 4}-24.75476{col 70}{space 3} 6.785464
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-12.86577{col 29}{space 2} 8.434855{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4} -29.4725{col 70}{space 3} 3.740957
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -14.6702{col 29}{space 2} 8.943424{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-32.27821{col 70}{space 3}  2.93781
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-16.17223{col 29}{space 2} 9.891206{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-35.64625{col 70}{space 3} 3.301798
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-14.18889{col 29}{space 2}  10.9756{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-35.79789{col 70}{space 3} 7.420118
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-20.31135{col 29}{space 2} 11.30929{col 40}{space 1}   -1.80{col 49}{space 3}0.074{col 57}{space 4}-42.57733{col 70}{space 3} 1.954625
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-25.48326{col 29}{space 2} 11.22003{col 40}{space 1}   -2.27{col 49}{space 3}0.024{col 57}{space 4}-47.57349{col 70}{space 3}-3.393015
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-20.46428{col 29}{space 2} 11.81012{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4} -43.7163{col 70}{space 3} 2.787733
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -23.9326{col 29}{space 2} 12.57613{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-48.69277{col 70}{space 3} .8275596
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-23.90178{col 29}{space 2} 13.37154{col 40}{space 1}   -1.79{col 49}{space 3}0.075{col 57}{space 4}-50.22796{col 70}{space 3} 2.424398
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-21.06786{col 29}{space 2} 13.76112{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-48.16105{col 70}{space 3} 6.025321
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-24.23592{col 29}{space 2} 13.36369{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-50.54665{col 70}{space 3} 2.074807
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-20.97576{col 29}{space 2} 9.927243{col 40}{space 1}   -2.11{col 49}{space 3}0.036{col 57}{space 4}-40.52074{col 70}{space 3}-1.430787
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-1023.615{col 38}-967.1629{col 49}    46{col 58} 2026.326{col 69} 2198.944
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   264) ={res}    2.65
{txt}{col 13}Prob > F ={res}    0.0233
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  oldsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   264) ={res}    1.75
{txt}{col 13}Prob > F ={res}    0.1227
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 3.A: OLD SOUTHERN STATES (N = 9): 1981 - 2010 *** (5,4)
. 
. //if year >1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 47,       222){col 67}= {res}     21.04
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2174905{col 29}{space 2} .0490159{col 40}{space 1}   -4.44{col 49}{space 3}0.000{col 57}{space 4}-.3140865{col 70}{space 3}-.1208946
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.616197{col 29}{space 2} 1.414062{col 40}{space 1}    1.85{col 49}{space 3}0.066{col 57}{space 4}-.1705059{col 70}{space 3} 5.402899
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1651165{col 29}{space 2}  .140479{col 40}{space 1}    1.18{col 49}{space 3}0.241{col 57}{space 4}-.1117265{col 70}{space 3} .4419595
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  2.17384{col 29}{space 2} 1.867029{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-1.505527{col 70}{space 3} 5.853207
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3100396{col 29}{space 2} .1386055{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} .0368888{col 70}{space 3} .5831905
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-3.553391{col 29}{space 2} 2.230996{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4}-7.950032{col 70}{space 3}   .84325
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0321684{col 29}{space 2} .0872462{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-.2041052{col 70}{space 3} .1397684
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -4.87765{col 29}{space 2} 1.953785{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-8.727989{col 70}{space 3} -1.02731
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1870153{col 29}{space 2} .0693955{col 40}{space 1}    2.69{col 49}{space 3}0.008{col 57}{space 4}  .050257{col 70}{space 3} .3237735
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 2.757817{col 29}{space 2} 2.171332{col 40}{space 1}    1.27{col 49}{space 3}0.205{col 57}{space 4}-1.521242{col 70}{space 3} 7.036876
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-91.59082{col 29}{space 2} 29.71943{col 40}{space 1}   -3.08{col 49}{space 3}0.002{col 57}{space 4}-150.1591{col 70}{space 3}-33.02251
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-96.29505{col 29}{space 2} 44.46216{col 40}{space 1}   -2.17{col 49}{space 3}0.031{col 57}{space 4} -183.917{col 70}{space 3} -8.67315
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.08396{col 29}{space 2} 54.50081{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-41.32119{col 70}{space 3} 173.4891
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-314.4918{col 29}{space 2} 73.22064{col 40}{space 1}   -4.30{col 49}{space 3}0.000{col 57}{space 4}-458.7882{col 70}{space 3}-170.1953
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 57.96382{col 29}{space 2} 43.29614{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-27.36021{col 70}{space 3} 143.2879
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-59.97523{col 29}{space 2} 41.31674{col 40}{space 1}   -1.45{col 49}{space 3}0.148{col 57}{space 4}-141.3984{col 70}{space 3} 21.44797
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 111.9272{col 29}{space 2} 52.59795{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 8.272024{col 70}{space 3} 215.5824
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-185.1008{col 29}{space 2} 40.39683{col 40}{space 1}   -4.58{col 49}{space 3}0.000{col 57}{space 4}-264.7111{col 70}{space 3}-105.4904
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-148.9442{col 29}{space 2} 124.5449{col 40}{space 1}   -1.20{col 49}{space 3}0.233{col 57}{space 4}-394.3858{col 70}{space 3} 96.49731
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-115.7911{col 29}{space 2} 146.5496{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-404.5975{col 70}{space 3} 173.0154
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 425.7509{col 29}{space 2} 125.8282{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4} 177.7804{col 70}{space 3} 673.7214
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.178595{col 29}{space 2} 155.1884{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-301.6524{col 70}{space 3} 310.0095
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.011253{col 29}{space 2} 131.6004{col 40}{space 1}    0.02{col 49}{space 3}0.988{col 57}{space 4}-257.3347{col 70}{space 3} 261.3572
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 55.89271{col 29}{space 2} 135.0503{col 40}{space 1}    0.41{col 49}{space 3}0.679{col 57}{space 4} -210.252{col 70}{space 3} 322.0374
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  200.387{col 29}{space 2} 118.3966{col 40}{space 1}    1.69{col 49}{space 3}0.092{col 57}{space 4}-32.93801{col 70}{space 3} 433.7121
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 282.5468{col 29}{space 2} 160.1048{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-32.97293{col 70}{space 3} 598.0666
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 62.80233{col 29}{space 2}  148.003{col 40}{space 1}    0.42{col 49}{space 3}0.672{col 57}{space 4}-228.8683{col 70}{space 3}  354.473
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 72.87798{col 29}{space 2} 137.5219{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4}-198.1375{col 70}{space 3} 343.8934
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 456.8501{col 29}{space 2} 135.4109{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 189.9948{col 70}{space 3} 723.7054
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 214.3362{col 29}{space 2} 184.1166{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-148.5039{col 70}{space 3} 577.1762
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 406.9336{col 29}{space 2} 149.0677{col 40}{space 1}    2.73{col 49}{space 3}0.007{col 57}{space 4} 113.1647{col 70}{space 3} 700.7025
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 394.6897{col 29}{space 2} 185.7345{col 40}{space 1}    2.13{col 49}{space 3}0.035{col 57}{space 4} 28.66135{col 70}{space 3} 760.7181
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  368.974{col 29}{space 2} 157.9407{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 57.71918{col 70}{space 3} 680.2288
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 595.2729{col 29}{space 2} 181.2605{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 238.0615{col 70}{space 3} 952.4843
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 733.3354{col 29}{space 2} 189.3707{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 360.1412{col 70}{space 3}  1106.53
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.5739{col 29}{space 2} 232.0275{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4}  2.31548{col 70}{space 3} 916.8322
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 645.6942{col 29}{space 2} 196.4702{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4}  258.509{col 70}{space 3} 1032.879
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 735.4103{col 29}{space 2} 242.4857{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 257.5419{col 70}{space 3} 1213.279
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 474.3882{col 29}{space 2} 222.3155{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 36.26946{col 70}{space 3} 912.5069
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 652.0011{col 29}{space 2} 215.2815{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 227.7442{col 70}{space 3} 1076.258
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 910.9188{col 29}{space 2}  240.743{col 40}{space 1}    3.78{col 49}{space 3}0.000{col 57}{space 4} 436.4848{col 70}{space 3} 1385.353
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 822.5178{col 29}{space 2} 261.9659{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 306.2597{col 70}{space 3} 1338.776
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1135.245{col 29}{space 2} 263.3897{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 616.1808{col 70}{space 3} 1654.309
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1045.073{col 29}{space 2}  293.224{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 467.2138{col 70}{space 3} 1622.931
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 863.3084{col 29}{space 2} 317.1524{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 238.2938{col 70}{space 3} 1488.323
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 289.6971{col 29}{space 2} 254.0848{col 40}{space 1}    1.14{col 49}{space 3}0.255{col 57}{space 4}-211.0298{col 70}{space 3} 790.4239
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 979.4541{col 29}{space 2} 224.8076{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 536.4242{col 70}{space 3} 1422.484
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2288.035{col 29}{space 2}  448.323{col 40}{space 1}    5.10{col 49}{space 3}0.000{col 57}{space 4} 1404.521{col 70}{space 3} 3171.548
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 47,       222){col 67}= {res}      3.29
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1578458{col 29}{space 2} .0406859{col 40}{space 1}   -3.88{col 49}{space 3}0.000{col 57}{space 4}-.2380258{col 70}{space 3}-.0776659
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0015643{col 29}{space 2} .0009388{col 40}{space 1}    1.67{col 49}{space 3}0.097{col 57}{space 4}-.0002859{col 70}{space 3} .0034144
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0407058{col 29}{space 2} .0693411{col 40}{space 1}    0.59{col 49}{space 3}0.558{col 57}{space 4}-.0959452{col 70}{space 3} .1773569
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0021405{col 29}{space 2} .0015025{col 40}{space 1}    1.42{col 49}{space 3}0.156{col 57}{space 4}-.0008205{col 70}{space 3} .0051016
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1495961{col 29}{space 2} .0841221{col 40}{space 1}    1.78{col 49}{space 3}0.077{col 57}{space 4}-.0161839{col 70}{space 3} .3153761
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .001968{col 29}{space 2} .0028939{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-.0037351{col 70}{space 3} .0076711
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1012383{col 29}{space 2} .0506322{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} .0014571{col 70}{space 3} .2010195
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.000879{col 29}{space 2} .0032109{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-.0072066{col 70}{space 3} .0054487
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.2154826{col 29}{space 2} .0837887{col 40}{space 1}   -2.57{col 49}{space 3}0.011{col 57}{space 4}-.3806057{col 70}{space 3}-.0503595
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0023635{col 29}{space 2} .0020811{col 40}{space 1}    1.14{col 49}{space 3}0.257{col 57}{space 4}-.0017377{col 70}{space 3} .0064646
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.233658{col 29}{space 2} 1.655478{col 40}{space 1}   -0.75{col 49}{space 3}0.457{col 57}{space 4}-4.496121{col 70}{space 3} 2.028805
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 3.234379{col 29}{space 2} 1.220495{col 40}{space 1}    2.65{col 49}{space 3}0.009{col 57}{space 4} .8291408{col 70}{space 3} 5.639617
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5491206{col 29}{space 2} 1.006368{col 40}{space 1}   -0.55{col 49}{space 3}0.586{col 57}{space 4}-2.532378{col 70}{space 3} 1.434137
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.403191{col 29}{space 2}  1.79654{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-1.137264{col 70}{space 3} 5.943646
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .5922368{col 29}{space 2}  1.59429{col 40}{space 1}    0.37{col 49}{space 3}0.711{col 57}{space 4}-2.549642{col 70}{space 3} 3.734115
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.763806{col 29}{space 2} 1.263951{col 40}{space 1}    2.19{col 49}{space 3}0.030{col 57}{space 4} .2729282{col 70}{space 3} 5.254684
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.343056{col 29}{space 2} 1.914328{col 40}{space 1}    0.70{col 49}{space 3}0.484{col 57}{space 4}-2.429525{col 70}{space 3} 5.115637
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.302403{col 29}{space 2} 1.235177{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-3.736576{col 70}{space 3}  1.13177
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-.8755164{col 29}{space 2} 2.787865{col 40}{space 1}   -0.31{col 49}{space 3}0.754{col 57}{space 4}-6.369583{col 70}{space 3}  4.61855
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1.658146{col 29}{space 2} 2.380578{col 40}{space 1}    0.70{col 49}{space 3}0.487{col 57}{space 4}-3.033276{col 70}{space 3} 6.349569
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-1.180562{col 29}{space 2} 2.082623{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-5.284803{col 70}{space 3} 2.923679
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 6.358465{col 29}{space 2} 3.816895{col 40}{space 1}    1.67{col 49}{space 3}0.097{col 57}{space 4}-1.163519{col 70}{space 3} 13.88045
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-.7038834{col 29}{space 2}  2.45759{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-5.547074{col 70}{space 3} 4.139307
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.037421{col 29}{space 2} 3.183945{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-5.237202{col 70}{space 3} 7.312045
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.247176{col 29}{space 2} 2.002711{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4}-5.193933{col 70}{space 3} 2.699582
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .2012312{col 29}{space 2} 3.133815{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-5.974602{col 70}{space 3} 6.377064
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4541368{col 29}{space 2} 2.331878{col 40}{space 1}   -0.19{col 49}{space 3}0.846{col 57}{space 4}-5.049585{col 70}{space 3} 4.141312
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1.985077{col 29}{space 2} 2.919654{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-3.768708{col 70}{space 3} 7.738861
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8039706{col 29}{space 2} 2.410538{col 40}{space 1}   -0.33{col 49}{space 3}0.739{col 57}{space 4}-5.554436{col 70}{space 3} 3.946495
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .4872378{col 29}{space 2} 3.244439{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-5.906603{col 70}{space 3} 6.881078
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} .4370783{col 29}{space 2} 2.653804{col 40}{space 1}    0.16{col 49}{space 3}0.869{col 57}{space 4}-4.792792{col 70}{space 3} 5.666949
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.27044{col 29}{space 2}   4.0953{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 3.199797{col 70}{space 3} 19.34107
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 4.352273{col 29}{space 2} 4.608515{col 40}{space 1}    0.94{col 49}{space 3}0.346{col 57}{space 4}-4.729761{col 70}{space 3} 13.43431
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.9247601{col 29}{space 2} 3.515689{col 40}{space 1}   -0.26{col 49}{space 3}0.793{col 57}{space 4}-7.853155{col 70}{space 3} 6.003635
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.200537{col 29}{space 2} 3.412468{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-8.925512{col 70}{space 3} 4.524439
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.475309{col 29}{space 2}  4.02215{col 40}{space 1}    0.37{col 49}{space 3}0.714{col 57}{space 4}-6.451172{col 70}{space 3} 9.401789
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} .7850504{col 29}{space 2} 3.665976{col 40}{space 1}    0.21{col 49}{space 3}0.831{col 57}{space 4}-6.439515{col 70}{space 3} 8.009616
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1.311348{col 29}{space 2}  4.54906{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-7.653519{col 70}{space 3} 10.27621
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-1.152887{col 29}{space 2} 4.160593{col 40}{space 1}   -0.28{col 49}{space 3}0.782{col 57}{space 4}-9.352198{col 70}{space 3} 7.046424
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 3.507115{col 29}{space 2} 4.372826{col 40}{space 1}    0.80{col 49}{space 3}0.423{col 57}{space 4}-5.110445{col 70}{space 3} 12.12468
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.2835866{col 29}{space 2} 4.440639{col 40}{space 1}   -0.06{col 49}{space 3}0.949{col 57}{space 4}-9.034787{col 70}{space 3} 8.467613
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 2.780574{col 29}{space 2} 4.985346{col 40}{space 1}    0.56{col 49}{space 3}0.578{col 57}{space 4}-7.044084{col 70}{space 3} 12.60523
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.634966{col 29}{space 2} 4.820518{col 40}{space 1}   -0.34{col 49}{space 3}0.735{col 57}{space 4} -11.1348{col 70}{space 3} 7.864865
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -1.63763{col 29}{space 2} 5.345024{col 40}{space 1}   -0.31{col 49}{space 3}0.760{col 57}{space 4}-12.17111{col 70}{space 3} 8.895848
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.610705{col 29}{space 2} 5.249575{col 40}{space 1}   -0.31{col 49}{space 3}0.759{col 57}{space 4}-11.95608{col 70}{space 3} 8.734671
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-1.901395{col 29}{space 2} 5.513163{col 40}{space 1}   -0.34{col 49}{space 3}0.731{col 57}{space 4}-12.76623{col 70}{space 3} 8.963436
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} .3265723{col 29}{space 2} 7.757156{col 40}{space 1}    0.04{col 49}{space 3}0.966{col 57}{space 4}-14.96051{col 70}{space 3} 15.61366
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.7465{col 29}{space 2} 9.313655{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-30.10099{col 70}{space 3} 6.607993
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(47, 222)      = {res}     8.08
{txt}       Model {c |} {res} 11916146.3        47  253535.028   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6967059.53       222   31383.151   {txt}R-squared       ={res}    0.6310
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5529
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 177.15

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2174905{col 29}{space 2} .0360007{col 40}{space 1}   -6.04{col 49}{space 3}0.000{col 57}{space 4}-.2884374{col 70}{space 3}-.1465437
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.616197{col 29}{space 2}  1.34901{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0423069{col 70}{space 3}   5.2747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1651165{col 29}{space 2} .0629334{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} .0410932{col 70}{space 3} .2891398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  2.17384{col 29}{space 2} 2.122292{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-2.008578{col 70}{space 3} 6.356257
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3100396{col 29}{space 2} .0722687{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} .1676192{col 70}{space 3} .4524601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-3.553391{col 29}{space 2} 2.461232{col 40}{space 1}   -1.44{col 49}{space 3}0.150{col 57}{space 4}-8.403759{col 70}{space 3} 1.296977
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0321684{col 29}{space 2} .0802406{col 40}{space 1}   -0.40{col 49}{space 3}0.689{col 57}{space 4}-.1902991{col 70}{space 3} .1259624
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -4.87765{col 29}{space 2} 2.417458{col 40}{space 1}   -2.02{col 49}{space 3}0.045{col 57}{space 4}-9.641752{col 70}{space 3}-.1135473
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1870153{col 29}{space 2} .0793558{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} .0306283{col 70}{space 3} .3434023
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 2.757817{col 29}{space 2} 2.425787{col 40}{space 1}    1.14{col 49}{space 3}0.257{col 57}{space 4}-2.022699{col 70}{space 3} 7.538333
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-91.59082{col 29}{space 2} 52.57182{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-195.1945{col 70}{space 3} 12.01286
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-96.29505{col 29}{space 2}   56.077{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-206.8064{col 70}{space 3} 14.21632
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.08396{col 29}{space 2} 47.00882{col 40}{space 1}    1.41{col 49}{space 3}0.161{col 57}{space 4}-26.55666{col 70}{space 3} 158.7246
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-314.4918{col 29}{space 2} 68.83337{col 40}{space 1}   -4.57{col 49}{space 3}0.000{col 57}{space 4}-450.1422{col 70}{space 3}-178.8414
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 57.96382{col 29}{space 2} 55.63257{col 40}{space 1}    1.04{col 49}{space 3}0.299{col 57}{space 4}-51.67169{col 70}{space 3} 167.5993
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-59.97523{col 29}{space 2} 52.89659{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-164.2189{col 70}{space 3} 44.26847
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 111.9272{col 29}{space 2} 66.83263{col 40}{space 1}    1.67{col 49}{space 3}0.095{col 57}{space 4}-19.78037{col 70}{space 3} 243.6348
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-185.1008{col 29}{space 2} 53.54594{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-290.6242{col 70}{space 3}-79.57741
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-148.9442{col 29}{space 2}  100.071{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-346.1549{col 70}{space 3} 48.26644
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-115.7911{col 29}{space 2} 106.4265{col 40}{space 1}   -1.09{col 49}{space 3}0.278{col 57}{space 4}-325.5265{col 70}{space 3} 93.94436
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 425.7509{col 29}{space 2} 100.7305{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 227.2406{col 70}{space 3} 624.2611
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.178595{col 29}{space 2}  108.092{col 40}{space 1}    0.04{col 49}{space 3}0.969{col 57}{space 4}-208.8392{col 70}{space 3} 217.1964
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.011253{col 29}{space 2} 107.4708{col 40}{space 1}    0.02{col 49}{space 3}0.985{col 57}{space 4}-209.7822{col 70}{space 3} 213.8047
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 55.89271{col 29}{space 2} 95.49426{col 40}{space 1}    0.59{col 49}{space 3}0.559{col 57}{space 4}-132.2985{col 70}{space 3}  244.084
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  200.387{col 29}{space 2} 101.1579{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4}  1.03448{col 70}{space 3} 399.7396
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 282.5468{col 29}{space 2} 106.3011{col 40}{space 1}    2.66{col 49}{space 3}0.008{col 57}{space 4} 73.05849{col 70}{space 3} 492.0352
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 62.80233{col 29}{space 2} 113.5434{col 40}{space 1}    0.55{col 49}{space 3}0.581{col 57}{space 4}-160.9584{col 70}{space 3} 286.5631
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 72.87798{col 29}{space 2} 107.4266{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-138.8284{col 70}{space 3} 284.5843
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 456.8501{col 29}{space 2} 104.9593{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4} 250.0061{col 70}{space 3} 663.6941
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 214.3362{col 29}{space 2} 121.3906{col 40}{space 1}    1.77{col 49}{space 3}0.079{col 57}{space 4}-24.88912{col 70}{space 3} 453.5614
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 406.9336{col 29}{space 2} 125.1695{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 160.2611{col 70}{space 3} 653.6061
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 394.6897{col 29}{space 2} 127.7679{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 142.8966{col 70}{space 3} 646.4829
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  368.974{col 29}{space 2} 133.2687{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 106.3404{col 70}{space 3} 631.6076
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 595.2729{col 29}{space 2}  134.585{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 330.0453{col 70}{space 3} 860.5005
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 733.3354{col 29}{space 2} 142.6958{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 452.1238{col 70}{space 3} 1014.547
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.5739{col 29}{space 2} 154.2409{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4} 155.6102{col 70}{space 3} 763.5375
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 645.6942{col 29}{space 2} 152.9987{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 344.1785{col 70}{space 3} 947.2099
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 735.4103{col 29}{space 2} 157.1181{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 425.7765{col 70}{space 3} 1045.044
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 474.3882{col 29}{space 2} 168.0974{col 40}{space 1}    2.82{col 49}{space 3}0.005{col 57}{space 4} 143.1174{col 70}{space 3} 805.6589
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 652.0011{col 29}{space 2} 170.3124{col 40}{space 1}    3.83{col 49}{space 3}0.000{col 57}{space 4} 316.3651{col 70}{space 3}  987.637
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 910.9188{col 29}{space 2} 173.7896{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 568.4303{col 70}{space 3} 1253.407
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 822.5178{col 29}{space 2} 188.8602{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 450.3297{col 70}{space 3} 1194.706
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1135.245{col 29}{space 2} 196.2652{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 748.4634{col 70}{space 3} 1522.026
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1045.073{col 29}{space 2} 204.2388{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 642.5775{col 70}{space 3} 1447.568
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 863.3084{col 29}{space 2} 209.6681{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4}  450.114{col 70}{space 3} 1276.503
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 289.6971{col 29}{space 2}  211.871{col 40}{space 1}    1.37{col 49}{space 3}0.173{col 57}{space 4}-127.8386{col 70}{space 3} 707.2328
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 979.4541{col 29}{space 2} 201.9004{col 40}{space 1}    4.85{col 49}{space 3}0.000{col 57}{space 4} 581.5676{col 70}{space 3} 1377.341
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2288.035{col 29}{space 2} 347.8958{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 1602.434{col 70}{space 3} 2973.635
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38}-1754.481{col 49}    48{col 58} 3604.963{col 69} 3777.687
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year>1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(47, 222)      = {res}     2.61
{txt}       Model {c |} {res} 3682.82929        47    78.35807   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6676.23842       222  30.0731461   {txt}R-squared       ={res}    0.3555
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2191
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.4839

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1578458{col 29}{space 2} .0412092{col 40}{space 1}   -3.83{col 49}{space 3}0.000{col 57}{space 4}-.2390571{col 70}{space 3}-.0766345
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0015643{col 29}{space 2} .0011298{col 40}{space 1}    1.38{col 49}{space 3}0.168{col 57}{space 4}-.0006622{col 70}{space 3} .0037907
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0407058{col 29}{space 2} .0763993{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-.1098549{col 70}{space 3} .1912666
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0021405{col 29}{space 2} .0020483{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4} -.001896{col 70}{space 3} .0061771
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1495961{col 29}{space 2}  .074284{col 40}{space 1}    2.01{col 49}{space 3}0.045{col 57}{space 4}  .003204{col 70}{space 3} .2959882
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .001968{col 29}{space 2}  .001945{col 40}{space 1}    1.01{col 49}{space 3}0.313{col 57}{space 4}-.0018651{col 70}{space 3} .0058011
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1012383{col 29}{space 2} .0753303{col 40}{space 1}    1.34{col 49}{space 3}0.180{col 57}{space 4}-.0472156{col 70}{space 3} .2496922
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.000879{col 29}{space 2} .0023296{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-.0054699{col 70}{space 3}  .003712
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.2154826{col 29}{space 2} .0725593{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-.3584757{col 70}{space 3}-.0724895
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0023635{col 29}{space 2} .0024392{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-.0024434{col 70}{space 3} .0071703
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.233658{col 29}{space 2} 1.628002{col 40}{space 1}   -0.76{col 49}{space 3}0.449{col 57}{space 4}-4.441973{col 70}{space 3} 1.974658
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 3.234379{col 29}{space 2}  1.74542{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.2053329{col 70}{space 3} 6.674091
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5491206{col 29}{space 2} 1.459634{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-3.425631{col 70}{space 3}  2.32739
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.403191{col 29}{space 2} 2.156742{col 40}{space 1}    1.11{col 49}{space 3}0.266{col 57}{space 4}-1.847115{col 70}{space 3} 6.653498
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .5922368{col 29}{space 2} 1.719881{col 40}{space 1}    0.34{col 49}{space 3}0.731{col 57}{space 4}-2.797146{col 70}{space 3} 3.981619
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.763806{col 29}{space 2} 1.637596{col 40}{space 1}    1.69{col 49}{space 3}0.093{col 57}{space 4}-.4634171{col 70}{space 3} 5.991029
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.343056{col 29}{space 2} 2.097875{col 40}{space 1}    0.64{col 49}{space 3}0.523{col 57}{space 4}-2.791242{col 70}{space 3} 5.477354
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.302403{col 29}{space 2} 1.688792{col 40}{space 1}   -0.77{col 49}{space 3}0.441{col 57}{space 4}-4.630519{col 70}{space 3} 2.025712
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-.8755164{col 29}{space 2} 3.052188{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-6.890486{col 70}{space 3} 5.139453
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1.658146{col 29}{space 2} 3.318175{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-4.881006{col 70}{space 3} 8.197299
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-1.180562{col 29}{space 2} 2.898272{col 40}{space 1}   -0.41{col 49}{space 3}0.684{col 57}{space 4}-6.892207{col 70}{space 3} 4.531083
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 6.358465{col 29}{space 2} 3.320218{col 40}{space 1}    1.92{col 49}{space 3}0.057{col 57}{space 4} -.184714{col 70}{space 3} 12.90164
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-.7038834{col 29}{space 2} 3.256532{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-7.121555{col 70}{space 3} 5.713788
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.037421{col 29}{space 2} 2.862014{col 40}{space 1}    0.36{col 49}{space 3}0.717{col 57}{space 4}-4.602771{col 70}{space 3} 6.677614
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.247176{col 29}{space 2} 3.133122{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-7.421642{col 70}{space 3}  4.92729
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .2012312{col 29}{space 2} 3.347612{col 40}{space 1}    0.06{col 49}{space 3}0.952{col 57}{space 4}-6.395932{col 70}{space 3} 6.798395
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4541368{col 29}{space 2} 3.481899{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-7.315941{col 70}{space 3} 6.407667
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1.985077{col 29}{space 2} 3.217386{col 40}{space 1}    0.62{col 49}{space 3}0.538{col 57}{space 4} -4.35545{col 70}{space 3} 8.325603
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8039706{col 29}{space 2}  3.35682{col 40}{space 1}   -0.24{col 49}{space 3}0.811{col 57}{space 4}-7.419281{col 70}{space 3}  5.81134
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .4872378{col 29}{space 2} 3.760671{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-6.923944{col 70}{space 3}  7.89842
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} .4370783{col 29}{space 2} 3.840962{col 40}{space 1}    0.11{col 49}{space 3}0.910{col 57}{space 4}-7.132333{col 70}{space 3}  8.00649
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.27044{col 29}{space 2} 3.733553{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 3.912695{col 70}{space 3} 18.62818
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 4.352273{col 29}{space 2} 4.160043{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4}-3.845954{col 70}{space 3}  12.5505
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.9247601{col 29}{space 2} 4.096008{col 40}{space 1}   -0.23{col 49}{space 3}0.822{col 57}{space 4}-8.996794{col 70}{space 3} 7.147273
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.200537{col 29}{space 2} 4.593406{col 40}{space 1}   -0.48{col 49}{space 3}0.632{col 57}{space 4} -11.2528{col 70}{space 3} 6.851723
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.475309{col 29}{space 2} 4.793534{col 40}{space 1}    0.31{col 49}{space 3}0.759{col 57}{space 4}-7.971345{col 70}{space 3} 10.92196
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} .7850504{col 29}{space 2} 4.744603{col 40}{space 1}    0.17{col 49}{space 3}0.869{col 57}{space 4}-8.565174{col 70}{space 3} 10.13527
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1.311348{col 29}{space 2} 4.913437{col 40}{space 1}    0.27{col 49}{space 3}0.790{col 57}{space 4}-8.371599{col 70}{space 3} 10.99429
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-1.152887{col 29}{space 2} 5.257861{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-11.51459{col 70}{space 3} 9.208819
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 3.507115{col 29}{space 2} 5.154939{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-6.651761{col 70}{space 3} 13.66599
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.2835866{col 29}{space 2} 5.540214{col 40}{space 1}   -0.05{col 49}{space 3}0.959{col 57}{space 4}-11.20173{col 70}{space 3} 10.63455
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 2.780574{col 29}{space 2} 5.919067{col 40}{space 1}    0.47{col 49}{space 3}0.639{col 57}{space 4}-8.884176{col 70}{space 3} 14.44532
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.634966{col 29}{space 2} 6.147123{col 40}{space 1}   -0.27{col 49}{space 3}0.791{col 57}{space 4}-13.74915{col 70}{space 3} 10.47921
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -1.63763{col 29}{space 2} 6.316285{col 40}{space 1}   -0.26{col 49}{space 3}0.796{col 57}{space 4}-14.08518{col 70}{space 3} 10.80992
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.610705{col 29}{space 2} 6.523561{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-14.46674{col 70}{space 3} 11.24533
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-1.901395{col 29}{space 2} 6.270688{col 40}{space 1}   -0.30{col 49}{space 3}0.762{col 57}{space 4}-14.25909{col 70}{space 3} 10.45629
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} .3265723{col 29}{space 2} 6.403962{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-12.29376{col 70}{space 3} 12.94691
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.7465{col 29}{space 2} 11.19281{col 40}{space 1}   -1.05{col 49}{space 3}0.295{col 57}{space 4}-33.80426{col 70}{space 3} 10.31127
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-816.1783{col 49}    48{col 58} 1728.357{col 69} 1901.081
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.B: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}     23.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1963902{col 29}{space 2} .0451999{col 40}{space 1}   -4.34{col 49}{space 3}0.000{col 57}{space 4}-.2854617{col 70}{space 3}-.1073187
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.88397{col 29}{space 2} 1.354671{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .2144416{col 70}{space 3} 5.553499
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1347977{col 29}{space 2} .1435431{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-.1480698{col 70}{space 3} .4176652
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.332348{col 29}{space 2}  1.89761{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4}-1.407103{col 70}{space 3} 6.071799
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3083378{col 29}{space 2} .1435565{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} .0254437{col 70}{space 3} .5912318
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -3.37463{col 29}{space 2}  2.22944{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-7.767988{col 70}{space 3} 1.018729
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0095872{col 29}{space 2} .0834025{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-.1547667{col 70}{space 3} .1739411
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-4.583791{col 29}{space 2} 1.909982{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-8.347623{col 70}{space 3}-.8199592
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-78.87049{col 29}{space 2}  30.7707{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-139.5076{col 70}{space 3}-18.23342
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-105.7332{col 29}{space 2} 44.65912{col 40}{space 1}   -2.37{col 49}{space 3}0.019{col 57}{space 4}-193.7389{col 70}{space 3}-17.72743
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 64.82855{col 29}{space 2} 56.12449{col 40}{space 1}    1.16{col 49}{space 3}0.249{col 57}{space 4}-45.77099{col 70}{space 3} 175.4281
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-285.2683{col 29}{space 2} 68.97323{col 40}{space 1}   -4.14{col 49}{space 3}0.000{col 57}{space 4}-421.1877{col 70}{space 3}-149.3489
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 35.50644{col 29}{space 2} 48.31877{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-59.71107{col 70}{space 3} 130.7239
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -65.9574{col 29}{space 2} 46.22715{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-157.0531{col 70}{space 3} 25.13832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 83.39866{col 29}{space 2} 51.28969{col 40}{space 1}    1.63{col 49}{space 3}0.105{col 57}{space 4}-17.67336{col 70}{space 3} 184.4707
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-176.4206{col 29}{space 2} 39.40069{col 40}{space 1}   -4.48{col 49}{space 3}0.000{col 57}{space 4}-254.0641{col 70}{space 3}-98.77719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-90.10804{col 29}{space 2} 124.8956{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-336.2287{col 70}{space 3} 156.0126
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-126.7716{col 29}{space 2} 142.6849{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4} -407.948{col 70}{space 3} 154.4048
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 330.6007{col 29}{space 2} 115.2342{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 103.5189{col 70}{space 3} 557.6825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.438264{col 29}{space 2} 153.0248{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-298.1141{col 70}{space 3} 304.9907
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-46.13378{col 29}{space 2} 125.2146{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4} -292.883{col 70}{space 3} 200.6154
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.737028{col 29}{space 2} 134.1239{col 40}{space 1}    0.02{col 49}{space 3}0.984{col 57}{space 4} -261.569{col 70}{space 3}  267.043
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 257.6918{col 29}{space 2} 118.2533{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 24.66051{col 70}{space 3}  490.723
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 257.2392{col 29}{space 2} 156.6615{col 40}{space 1}    1.64{col 49}{space 3}0.102{col 57}{space 4}-51.47968{col 70}{space 3}  565.958
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 41.41276{col 29}{space 2}  142.043{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-238.4987{col 70}{space 3} 321.3242
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 8.606906{col 29}{space 2} 132.1509{col 40}{space 1}    0.07{col 49}{space 3}0.948{col 57}{space 4}-251.8111{col 70}{space 3} 269.0249
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 438.2126{col 29}{space 2} 135.9675{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 170.2736{col 70}{space 3} 706.1516
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 195.8914{col 29}{space 2} 183.6923{col 40}{space 1}    1.07{col 49}{space 3}0.287{col 57}{space 4}-166.0946{col 70}{space 3} 557.8774
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 351.9305{col 29}{space 2} 142.5628{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 70.99466{col 70}{space 3} 632.8664
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 301.7415{col 29}{space 2} 179.7467{col 40}{space 1}    1.68{col 49}{space 3}0.095{col 57}{space 4}-52.46933{col 70}{space 3} 655.9524
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 348.6577{col 29}{space 2} 156.8845{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 39.49929{col 70}{space 3} 657.8161
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 503.8328{col 29}{space 2}  172.633{col 40}{space 1}    2.92{col 49}{space 3}0.004{col 57}{space 4} 163.6404{col 70}{space 3} 844.0253
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.8513{col 29}{space 2} 186.4745{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 354.3827{col 70}{space 3}  1089.32
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.6632{col 29}{space 2} 226.3011{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-51.28835{col 70}{space 3} 840.6147
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 562.9944{col 29}{space 2}  191.008{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4}  186.592{col 70}{space 3} 939.3969
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 649.3661{col 29}{space 2} 234.7149{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 186.8344{col 70}{space 3} 1111.898
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 440.9195{col 29}{space 2} 218.5237{col 40}{space 1}    2.02{col 49}{space 3}0.045{col 57}{space 4} 10.29441{col 70}{space 3} 871.5447
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 538.2408{col 29}{space 2} 207.9901{col 40}{space 1}    2.59{col 49}{space 3}0.010{col 57}{space 4} 128.3732{col 70}{space 3} 948.1084
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 838.1597{col 29}{space 2} 240.6302{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 363.9713{col 70}{space 3} 1312.348
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}  737.524{col 29}{space 2}  255.218{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 234.5885{col 70}{space 3} 1240.459
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1012.329{col 29}{space 2} 243.5362{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 532.4138{col 70}{space 3} 1492.244
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 910.6091{col 29}{space 2} 276.6375{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 365.4642{col 70}{space 3} 1455.754
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 771.9837{col 29}{space 2} 312.4743{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 156.2184{col 70}{space 3} 1387.749
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 146.4089{col 29}{space 2} 244.4232{col 40}{space 1}    0.60{col 49}{space 3}0.550{col 57}{space 4}-335.2542{col 70}{space 3} 628.0719
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 890.9686{col 29}{space 2} 218.3805{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 460.6257{col 70}{space 3} 1321.312
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2100.875{col 29}{space 2} 415.2221{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 1282.634{col 70}{space 3} 2919.116
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}      3.82
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1875888{col 29}{space 2} .0438632{col 40}{space 1}   -4.28{col 49}{space 3}0.000{col 57}{space 4}-.2740261{col 70}{space 3}-.1011514
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0020908{col 29}{space 2} .0010303{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} .0000604{col 70}{space 3} .0041212
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0548775{col 29}{space 2} .0709988{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-.0850336{col 70}{space 3} .1947885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0020254{col 29}{space 2} .0015153{col 40}{space 1}    1.34{col 49}{space 3}0.183{col 57}{space 4}-.0009607{col 70}{space 3} .0050114
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1643911{col 29}{space 2} .0772306{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .0121996{col 70}{space 3} .3165827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0015081{col 29}{space 2} .0029805{col 40}{space 1}    0.51{col 49}{space 3}0.613{col 57}{space 4}-.0043653{col 70}{space 3} .0073814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1380772{col 29}{space 2} .0499963{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4}  .039554{col 70}{space 3} .2366004
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0001289{col 29}{space 2} .0032867{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0066057{col 70}{space 3}  .006348
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.199688{col 29}{space 2} 1.753138{col 40}{space 1}   -0.68{col 49}{space 3}0.494{col 57}{space 4}-4.654442{col 70}{space 3} 2.255066
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.044804{col 29}{space 2} 1.239828{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4} 1.601586{col 70}{space 3} 6.488022
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.7356896{col 29}{space 2} 1.015204{col 40}{space 1}   -0.72{col 49}{space 3}0.469{col 57}{space 4}-2.736261{col 70}{space 3} 1.264882
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.009128{col 29}{space 2} 1.873033{col 40}{space 1}    1.61{col 49}{space 3}0.110{col 57}{space 4}-.6818902{col 70}{space 3} 6.700147
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9142977{col 29}{space 2} 1.580482{col 40}{space 1}    0.58{col 49}{space 3}0.564{col 57}{space 4}-2.200217{col 70}{space 3} 4.028812
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 3.380696{col 29}{space 2} 1.210423{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} .9954227{col 70}{space 3} 5.765969
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.300358{col 29}{space 2} 2.037768{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.715289{col 70}{space 3} 6.316006
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-.7634029{col 29}{space 2} 1.363732{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-3.450788{col 70}{space 3} 1.923982
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.818637{col 29}{space 2}  2.72659{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-7.191686{col 70}{space 3} 3.554411
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.405348{col 29}{space 2} 2.343193{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4} -6.02287{col 70}{space 3} 3.212173
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.082503{col 29}{space 2} 2.076541{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-6.174557{col 70}{space 3} 2.009551
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.895743{col 29}{space 2} 4.038026{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-3.061636{col 70}{space 3} 12.85312
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.111284{col 29}{space 2}  2.36656{col 40}{space 1}   -0.89{col 49}{space 3}0.373{col 57}{space 4}-6.774854{col 70}{space 3} 2.552285
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .7904705{col 29}{space 2} 3.204988{col 40}{space 1}    0.25{col 49}{space 3}0.805{col 57}{space 4}-5.525313{col 70}{space 3} 7.106254
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.490388{col 29}{space 2} 2.005953{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4} -6.44334{col 70}{space 3} 1.462565
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.47848{col 29}{space 2} 3.021036{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-8.431765{col 70}{space 3} 3.474806
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.006071{col 29}{space 2}  2.17654{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-6.295185{col 70}{space 3} 2.283042
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  .202286{col 29}{space 2} 2.738635{col 40}{space 1}    0.07{col 49}{space 3}0.941{col 57}{space 4}-5.194497{col 70}{space 3} 5.599069
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.804437{col 29}{space 2}  2.33021{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-6.396374{col 70}{space 3} 2.787501
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.9804633{col 29}{space 2} 3.317219{col 40}{space 1}   -0.30{col 49}{space 3}0.768{col 57}{space 4}-7.517412{col 70}{space 3} 5.556485
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  -1.7209{col 29}{space 2} 2.298968{col 40}{space 1}   -0.75{col 49}{space 3}0.455{col 57}{space 4}-6.251271{col 70}{space 3} 2.809472
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.90605{col 29}{space 2} 4.033139{col 40}{space 1}    2.46{col 49}{space 3}0.015{col 57}{space 4} 1.958302{col 70}{space 3}  17.8538
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.54172{col 29}{space 2} 4.416887{col 40}{space 1}    0.58{col 49}{space 3}0.566{col 57}{space 4}-6.162246{col 70}{space 3} 11.24569
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -2.42312{col 29}{space 2} 3.595402{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-9.508258{col 70}{space 3} 4.662018
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.148764{col 29}{space 2} 3.364337{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-10.77856{col 70}{space 3} 2.481036
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.819718{col 29}{space 2} 4.219288{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-11.13429{col 70}{space 3} 5.494857
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.690297{col 29}{space 2} 3.410434{col 40}{space 1}   -0.50{col 49}{space 3}0.621{col 57}{space 4}-8.410935{col 70}{space 3} 5.030341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .4266763{col 29}{space 2} 4.631302{col 40}{space 1}    0.09{col 49}{space 3}0.927{col 57}{space 4}-8.699818{col 70}{space 3}  9.55317
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.994208{col 29}{space 2} 4.137108{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-11.14684{col 70}{space 3} 5.158423
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.936238{col 29}{space 2} 4.517399{col 40}{space 1}    0.43{col 49}{space 3}0.669{col 57}{space 4}-6.965798{col 70}{space 3} 10.83827
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.915572{col 29}{space 2} 4.479172{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-10.74228{col 70}{space 3} 6.911134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} .0212772{col 29}{space 2} 5.064748{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}-9.959371{col 70}{space 3} 10.00193
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.80206{col 29}{space 2} 4.737471{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4}-13.13777{col 70}{space 3} 5.533653
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.296156{col 29}{space 2} 5.634966{col 40}{space 1}   -0.76{col 49}{space 3}0.447{col 57}{space 4}-15.40048{col 70}{space 3}  6.80817
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.228521{col 29}{space 2} 5.200759{col 40}{space 1}   -0.81{col 49}{space 3}0.417{col 57}{space 4}-14.47719{col 70}{space 3} 6.020152
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.336798{col 29}{space 2} 5.600937{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-15.37407{col 70}{space 3} 6.700469
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -1.72935{col 29}{space 2} 7.186592{col 40}{space 1}   -0.24{col 49}{space 3}0.810{col 57}{space 4}-15.89133{col 70}{space 3} 12.43263
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.39032{col 29}{space 2} 10.45737{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-35.99773{col 70}{space 3} 5.217092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.C: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}     22.06
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1247641{col 29}{space 2} .0407507{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-.2050583{col 70}{space 3}-.0444699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.385796{col 29}{space 2} 1.167381{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.9143864{col 70}{space 3} 3.685978
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.246005{col 29}{space 2} 1.770439{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-1.242428{col 70}{space 3} 5.734439
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-55.69566{col 29}{space 2} 39.24939{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-133.0318{col 70}{space 3} 21.64044
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.08892{col 29}{space 2} 47.43913{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-166.5619{col 70}{space 3} 20.38406
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 54.46231{col 29}{space 2} 74.75339{col 40}{space 1}    0.73{col 49}{space 3}0.467{col 57}{space 4}-92.83007{col 70}{space 3} 201.7547
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-187.2377{col 29}{space 2} 65.71057{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-316.7123{col 70}{space 3} -57.7631
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 22.86763{col 29}{space 2} 61.86569{col 40}{space 1}    0.37{col 49}{space 3}0.712{col 57}{space 4}-99.03112{col 70}{space 3} 144.7664
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -37.6474{col 29}{space 2} 54.36069{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-144.7585{col 70}{space 3} 69.46368
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 79.91322{col 29}{space 2} 66.90972{col 40}{space 1}    1.19{col 49}{space 3}0.234{col 57}{space 4}-51.92416{col 70}{space 3} 211.7506
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-128.3914{col 29}{space 2} 47.65522{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-222.2901{col 70}{space 3}-34.49263
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-128.5959{col 29}{space 2} 65.06362{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-256.7958{col 70}{space 3}-.3959942
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -35.9635{col 29}{space 2} 123.3576{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-279.0244{col 70}{space 3} 207.0974
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 393.0455{col 29}{space 2} 101.0952{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 193.8499{col 70}{space 3} 592.2411
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 113.9102{col 29}{space 2} 99.98475{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-83.09749{col 70}{space 3} 310.9179
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 120.6162{col 29}{space 2} 124.2046{col 40}{space 1}    0.97{col 49}{space 3}0.333{col 57}{space 4}-124.1137{col 70}{space 3} 365.3461
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 50.92378{col 29}{space 2} 125.4526{col 40}{space 1}    0.41{col 49}{space 3}0.685{col 57}{space 4}-196.2652{col 70}{space 3} 298.1128
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 308.5513{col 29}{space 2} 110.2767{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 91.26468{col 70}{space 3} 525.8379
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.5902{col 29}{space 2} 115.1745{col 40}{space 1}    2.49{col 49}{space 3}0.014{col 57}{space 4} 59.65303{col 70}{space 3} 513.5273
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 134.5352{col 29}{space 2} 124.0357{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-109.8619{col 70}{space 3} 378.9324
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  53.7482{col 29}{space 2} 127.3221{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-197.1245{col 70}{space 3} 304.6209
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 411.9159{col 29}{space 2} 127.1214{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 161.4387{col 70}{space 3} 662.3931
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.8409{col 29}{space 2} 135.0303{col 40}{space 1}    1.22{col 49}{space 3}0.223{col 57}{space 4}-101.2198{col 70}{space 3} 430.9016
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  392.702{col 29}{space 2} 140.0537{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 116.7434{col 70}{space 3} 668.6605
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 265.8926{col 29}{space 2} 149.3382{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-28.36003{col 70}{space 3} 560.1453
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 332.2961{col 29}{space 2} 152.1393{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4}  32.5242{col 70}{space 3} 632.0679
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 421.3691{col 29}{space 2} 157.8462{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 110.3525{col 70}{space 3} 732.3856
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 696.5528{col 29}{space 2} 168.1273{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 365.2787{col 70}{space 3} 1027.827
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  405.116{col 29}{space 2} 187.9346{col 40}{space 1}    2.16{col 49}{space 3}0.032{col 57}{space 4} 34.81399{col 70}{space 3}  775.418
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 593.1098{col 29}{space 2}  201.556{col 40}{space 1}    2.94{col 49}{space 3}0.004{col 57}{space 4} 195.9684{col 70}{space 3} 990.2512
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 571.2733{col 29}{space 2}  210.298{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 156.9069{col 70}{space 3} 985.6396
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 378.3561{col 29}{space 2} 208.9611{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-33.37622{col 70}{space 3} 790.0883
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  426.804{col 29}{space 2} 213.8147{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} 5.508376{col 70}{space 3} 848.0997
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 663.1497{col 29}{space 2} 225.0023{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4} 219.8102{col 70}{space 3} 1106.489
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 576.0389{col 29}{space 2} 228.9845{col 40}{space 1}    2.52{col 49}{space 3}0.013{col 57}{space 4}  124.853{col 70}{space 3} 1027.225
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 904.3302{col 29}{space 2}  247.255{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 417.1446{col 70}{space 3} 1391.516
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 772.8767{col 29}{space 2} 239.5711{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 300.8313{col 70}{space 3} 1244.922
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 693.6744{col 29}{space 2} 319.3145{col 40}{space 1}    2.17{col 49}{space 3}0.031{col 57}{space 4} 64.50426{col 70}{space 3} 1322.844
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.24232{col 29}{space 2} 254.6214{col 40}{space 1}   -0.07{col 49}{space 3}0.943{col 57}{space 4}-519.9426{col 70}{space 3}  483.458
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 633.0227{col 29}{space 2} 266.3779{col 40}{space 1}    2.38{col 49}{space 3}0.018{col 57}{space 4} 108.1577{col 70}{space 3} 1157.888
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1356.87{col 29}{space 2} 394.2705{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 580.0086{col 70}{space 3} 2133.732
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force 

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}      3.77
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1455457{col 29}{space 2}  .041665{col 40}{space 1}   -3.49{col 49}{space 3}0.001{col 57}{space 4}-.2276415{col 70}{space 3}-.0634498
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0019711{col 29}{space 2} .0009593{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} .0000809{col 70}{space 3} .0038613
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0020009{col 29}{space 2} .0014205{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4} -.000798{col 70}{space 3} .0047999
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.9147794{col 29}{space 2} 1.811571{col 40}{space 1}   -0.50{col 49}{space 3}0.614{col 57}{space 4}-4.484258{col 70}{space 3} 2.654699
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.771423{col 29}{space 2} 1.211155{col 40}{space 1}    2.29{col 49}{space 3}0.023{col 57}{space 4} .3849911{col 70}{space 3} 5.157856
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.4614785{col 29}{space 2} 1.063492{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-2.556958{col 70}{space 3} 1.634001
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.972314{col 29}{space 2} 1.861542{col 40}{space 1}    1.60{col 49}{space 3}0.112{col 57}{space 4}-.6956256{col 70}{space 3} 6.640253
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.1519111{col 29}{space 2} 1.840127{col 40}{space 1}   -0.08{col 49}{space 3}0.934{col 57}{space 4}-3.777655{col 70}{space 3} 3.473833
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  2.47758{col 29}{space 2} 1.391276{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-.2637596{col 70}{space 3} 5.218919
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .5070459{col 29}{space 2} 1.974787{col 40}{space 1}    0.26{col 49}{space 3}0.798{col 57}{space 4} -3.38403{col 70}{space 3} 4.398122
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.218832{col 29}{space 2} 1.358987{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4} -3.89655{col 70}{space 3} 1.458885
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.056677{col 29}{space 2} 1.229478{col 40}{space 1}   -0.86{col 49}{space 3}0.391{col 57}{space 4}-3.479212{col 70}{space 3} 1.365858
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.483808{col 29}{space 2} 2.489865{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4}-6.389781{col 70}{space 3} 3.422165
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.138516{col 29}{space 2} 1.342999{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4} -4.78473{col 70}{space 3} .5076988
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.314462{col 29}{space 2} 3.002793{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4} -.602172{col 70}{space 3}  11.2311
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.089853{col 29}{space 2} 1.851099{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.737216{col 70}{space 3} 1.557511
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.730828{col 29}{space 2} 2.900604{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-3.984456{col 70}{space 3} 7.446111
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.868671{col 29}{space 2} 1.654395{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.128453{col 70}{space 3} 1.391111
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.116696{col 29}{space 2} 2.262198{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-6.574079{col 70}{space 3} 2.340688
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.765842{col 29}{space 2} 1.929956{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-5.568583{col 70}{space 3} 2.036898
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2740299{col 29}{space 2} 2.736361{col 40}{space 1}   -0.10{col 49}{space 3}0.920{col 57}{space 4}-5.665693{col 70}{space 3} 5.117633
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.293988{col 29}{space 2} 2.060608{col 40}{space 1}   -1.11{col 49}{space 3}0.267{col 57}{space 4}-6.354162{col 70}{space 3} 1.766187
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.7154148{col 29}{space 2} 2.623694{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-5.885082{col 70}{space 3} 4.454252
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.007839{col 29}{space 2} 2.326585{col 40}{space 1}   -0.86{col 49}{space 3}0.389{col 57}{space 4}-6.592089{col 70}{space 3} 2.576412
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.952902{col 29}{space 2} 3.718158{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} 2.626729{col 70}{space 3} 17.27908
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.536389{col 29}{space 2} 3.860893{col 40}{space 1}    0.66{col 49}{space 3}0.512{col 57}{space 4}-5.071027{col 70}{space 3}  10.1438
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.144968{col 29}{space 2} 3.054324{col 40}{space 1}   -0.37{col 49}{space 3}0.708{col 57}{space 4}-7.163138{col 70}{space 3} 4.873202
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.777303{col 29}{space 2} 3.055491{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-8.797774{col 70}{space 3} 3.243167
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.929001{col 29}{space 2} 3.988979{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-10.78879{col 70}{space 3} 4.930793
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.971224{col 29}{space 2} 3.549632{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-9.965339{col 70}{space 3} 4.022891
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.5753187{col 29}{space 2} 4.487243{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-9.416879{col 70}{space 3} 8.266242
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.939862{col 29}{space 2} 4.133376{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-12.08417{col 70}{space 3} 4.204448
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015163{col 29}{space 2} 4.559479{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4}-7.968732{col 70}{space 3} 9.999057
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.855294{col 29}{space 2}  4.13012{col 40}{space 1}   -0.69{col 49}{space 3}0.490{col 57}{space 4}-10.99319{col 70}{space 3} 5.282601
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.4760755{col 29}{space 2} 4.889159{col 40}{space 1}   -0.10{col 49}{space 3}0.923{col 57}{space 4}-10.10956{col 70}{space 3} 9.157411
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.408917{col 29}{space 2} 4.706747{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-13.68298{col 70}{space 3}  4.86515
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.679825{col 29}{space 2} 5.081524{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-14.69234{col 70}{space 3} 5.332694
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-5.107865{col 29}{space 2} 5.324438{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-15.59902{col 70}{space 3} 5.383287
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.802992{col 29}{space 2} 5.661785{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-16.95884{col 70}{space 3}  5.35286
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.35074{col 29}{space 2} 6.901051{col 40}{space 1}   -0.63{col 49}{space 3}0.529{col 57}{space 4}-17.94841{col 70}{space 3} 9.246934
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.60836{col 29}{space 2} 9.798083{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-33.91428{col 70}{space 3} 4.697559
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 47,       222){col 67}= {res}     21.04
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2174905{col 29}{space 2} .0490159{col 40}{space 1}   -4.44{col 49}{space 3}0.000{col 57}{space 4}-.3140865{col 70}{space 3}-.1208946
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.616197{col 29}{space 2} 1.414062{col 40}{space 1}    1.85{col 49}{space 3}0.066{col 57}{space 4}-.1705059{col 70}{space 3} 5.402899
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1651165{col 29}{space 2}  .140479{col 40}{space 1}    1.18{col 49}{space 3}0.241{col 57}{space 4}-.1117265{col 70}{space 3} .4419595
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  2.17384{col 29}{space 2} 1.867029{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-1.505527{col 70}{space 3} 5.853207
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3100396{col 29}{space 2} .1386055{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} .0368888{col 70}{space 3} .5831905
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-3.553391{col 29}{space 2} 2.230996{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4}-7.950032{col 70}{space 3}   .84325
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0321684{col 29}{space 2} .0872462{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-.2041052{col 70}{space 3} .1397684
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -4.87765{col 29}{space 2} 1.953785{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-8.727989{col 70}{space 3} -1.02731
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1870153{col 29}{space 2} .0693955{col 40}{space 1}    2.69{col 49}{space 3}0.008{col 57}{space 4}  .050257{col 70}{space 3} .3237735
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 2.757817{col 29}{space 2} 2.171332{col 40}{space 1}    1.27{col 49}{space 3}0.205{col 57}{space 4}-1.521242{col 70}{space 3} 7.036876
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-91.59082{col 29}{space 2} 29.71943{col 40}{space 1}   -3.08{col 49}{space 3}0.002{col 57}{space 4}-150.1591{col 70}{space 3}-33.02251
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-96.29505{col 29}{space 2} 44.46216{col 40}{space 1}   -2.17{col 49}{space 3}0.031{col 57}{space 4} -183.917{col 70}{space 3} -8.67315
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.08396{col 29}{space 2} 54.50081{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-41.32119{col 70}{space 3} 173.4891
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-314.4918{col 29}{space 2} 73.22064{col 40}{space 1}   -4.30{col 49}{space 3}0.000{col 57}{space 4}-458.7882{col 70}{space 3}-170.1953
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 57.96382{col 29}{space 2} 43.29614{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-27.36021{col 70}{space 3} 143.2879
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-59.97523{col 29}{space 2} 41.31674{col 40}{space 1}   -1.45{col 49}{space 3}0.148{col 57}{space 4}-141.3984{col 70}{space 3} 21.44797
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 111.9272{col 29}{space 2} 52.59795{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 8.272024{col 70}{space 3} 215.5824
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-185.1008{col 29}{space 2} 40.39683{col 40}{space 1}   -4.58{col 49}{space 3}0.000{col 57}{space 4}-264.7111{col 70}{space 3}-105.4904
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-148.9442{col 29}{space 2} 124.5449{col 40}{space 1}   -1.20{col 49}{space 3}0.233{col 57}{space 4}-394.3858{col 70}{space 3} 96.49731
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-115.7911{col 29}{space 2} 146.5496{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-404.5975{col 70}{space 3} 173.0154
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 425.7509{col 29}{space 2} 125.8282{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4} 177.7804{col 70}{space 3} 673.7214
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.178595{col 29}{space 2} 155.1884{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-301.6524{col 70}{space 3} 310.0095
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.011253{col 29}{space 2} 131.6004{col 40}{space 1}    0.02{col 49}{space 3}0.988{col 57}{space 4}-257.3347{col 70}{space 3} 261.3572
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 55.89271{col 29}{space 2} 135.0503{col 40}{space 1}    0.41{col 49}{space 3}0.679{col 57}{space 4} -210.252{col 70}{space 3} 322.0374
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  200.387{col 29}{space 2} 118.3966{col 40}{space 1}    1.69{col 49}{space 3}0.092{col 57}{space 4}-32.93801{col 70}{space 3} 433.7121
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 282.5468{col 29}{space 2} 160.1048{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-32.97293{col 70}{space 3} 598.0666
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 62.80233{col 29}{space 2}  148.003{col 40}{space 1}    0.42{col 49}{space 3}0.672{col 57}{space 4}-228.8683{col 70}{space 3}  354.473
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 72.87798{col 29}{space 2} 137.5219{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4}-198.1375{col 70}{space 3} 343.8934
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 456.8501{col 29}{space 2} 135.4109{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 189.9948{col 70}{space 3} 723.7054
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 214.3362{col 29}{space 2} 184.1166{col 40}{space 1}    1.16{col 49}{space 3}0.246{col 57}{space 4}-148.5039{col 70}{space 3} 577.1762
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 406.9336{col 29}{space 2} 149.0677{col 40}{space 1}    2.73{col 49}{space 3}0.007{col 57}{space 4} 113.1647{col 70}{space 3} 700.7025
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 394.6897{col 29}{space 2} 185.7345{col 40}{space 1}    2.13{col 49}{space 3}0.035{col 57}{space 4} 28.66135{col 70}{space 3} 760.7181
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  368.974{col 29}{space 2} 157.9407{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 57.71918{col 70}{space 3} 680.2288
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 595.2729{col 29}{space 2} 181.2605{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 238.0615{col 70}{space 3} 952.4843
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 733.3354{col 29}{space 2} 189.3707{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 360.1412{col 70}{space 3}  1106.53
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.5739{col 29}{space 2} 232.0275{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4}  2.31548{col 70}{space 3} 916.8322
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 645.6942{col 29}{space 2} 196.4702{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4}  258.509{col 70}{space 3} 1032.879
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 735.4103{col 29}{space 2} 242.4857{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 257.5419{col 70}{space 3} 1213.279
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 474.3882{col 29}{space 2} 222.3155{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 36.26946{col 70}{space 3} 912.5069
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 652.0011{col 29}{space 2} 215.2815{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 227.7442{col 70}{space 3} 1076.258
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 910.9188{col 29}{space 2}  240.743{col 40}{space 1}    3.78{col 49}{space 3}0.000{col 57}{space 4} 436.4848{col 70}{space 3} 1385.353
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 822.5178{col 29}{space 2} 261.9659{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 306.2597{col 70}{space 3} 1338.776
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1135.245{col 29}{space 2} 263.3897{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 616.1808{col 70}{space 3} 1654.309
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1045.073{col 29}{space 2}  293.224{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 467.2138{col 70}{space 3} 1622.931
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 863.3084{col 29}{space 2} 317.1524{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 238.2938{col 70}{space 3} 1488.323
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 289.6971{col 29}{space 2} 254.0848{col 40}{space 1}    1.14{col 49}{space 3}0.255{col 57}{space 4}-211.0298{col 70}{space 3} 790.4239
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 979.4541{col 29}{space 2} 224.8076{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 536.4242{col 70}{space 3} 1422.484
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2288.035{col 29}{space 2}  448.323{col 40}{space 1}    5.10{col 49}{space 3}0.000{col 57}{space 4} 1404.521{col 70}{space 3} 3171.548
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(47, 222)      = {res}     8.08
{txt}       Model {c |} {res} 11916146.3        47  253535.028   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6967059.53       222   31383.151   {txt}R-squared       ={res}    0.6310
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5529
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 177.15

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2174905{col 29}{space 2} .0360007{col 40}{space 1}   -6.04{col 49}{space 3}0.000{col 57}{space 4}-.2884374{col 70}{space 3}-.1465437
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.616197{col 29}{space 2}  1.34901{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0423069{col 70}{space 3}   5.2747
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1651165{col 29}{space 2} .0629334{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} .0410932{col 70}{space 3} .2891398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  2.17384{col 29}{space 2} 2.122292{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-2.008578{col 70}{space 3} 6.356257
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3100396{col 29}{space 2} .0722687{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} .1676192{col 70}{space 3} .4524601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-3.553391{col 29}{space 2} 2.461232{col 40}{space 1}   -1.44{col 49}{space 3}0.150{col 57}{space 4}-8.403759{col 70}{space 3} 1.296977
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0321684{col 29}{space 2} .0802406{col 40}{space 1}   -0.40{col 49}{space 3}0.689{col 57}{space 4}-.1902991{col 70}{space 3} .1259624
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -4.87765{col 29}{space 2} 2.417458{col 40}{space 1}   -2.02{col 49}{space 3}0.045{col 57}{space 4}-9.641752{col 70}{space 3}-.1135473
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .1870153{col 29}{space 2} .0793558{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} .0306283{col 70}{space 3} .3434023
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 2.757817{col 29}{space 2} 2.425787{col 40}{space 1}    1.14{col 49}{space 3}0.257{col 57}{space 4}-2.022699{col 70}{space 3} 7.538333
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-91.59082{col 29}{space 2} 52.57182{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-195.1945{col 70}{space 3} 12.01286
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-96.29505{col 29}{space 2}   56.077{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-206.8064{col 70}{space 3} 14.21632
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 66.08396{col 29}{space 2} 47.00882{col 40}{space 1}    1.41{col 49}{space 3}0.161{col 57}{space 4}-26.55666{col 70}{space 3} 158.7246
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-314.4918{col 29}{space 2} 68.83337{col 40}{space 1}   -4.57{col 49}{space 3}0.000{col 57}{space 4}-450.1422{col 70}{space 3}-178.8414
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 57.96382{col 29}{space 2} 55.63257{col 40}{space 1}    1.04{col 49}{space 3}0.299{col 57}{space 4}-51.67169{col 70}{space 3} 167.5993
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-59.97523{col 29}{space 2} 52.89659{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-164.2189{col 70}{space 3} 44.26847
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 111.9272{col 29}{space 2} 66.83263{col 40}{space 1}    1.67{col 49}{space 3}0.095{col 57}{space 4}-19.78037{col 70}{space 3} 243.6348
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-185.1008{col 29}{space 2} 53.54594{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-290.6242{col 70}{space 3}-79.57741
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-148.9442{col 29}{space 2}  100.071{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-346.1549{col 70}{space 3} 48.26644
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-115.7911{col 29}{space 2} 106.4265{col 40}{space 1}   -1.09{col 49}{space 3}0.278{col 57}{space 4}-325.5265{col 70}{space 3} 93.94436
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 425.7509{col 29}{space 2} 100.7305{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 227.2406{col 70}{space 3} 624.2611
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.178595{col 29}{space 2}  108.092{col 40}{space 1}    0.04{col 49}{space 3}0.969{col 57}{space 4}-208.8392{col 70}{space 3} 217.1964
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.011253{col 29}{space 2} 107.4708{col 40}{space 1}    0.02{col 49}{space 3}0.985{col 57}{space 4}-209.7822{col 70}{space 3} 213.8047
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 55.89271{col 29}{space 2} 95.49426{col 40}{space 1}    0.59{col 49}{space 3}0.559{col 57}{space 4}-132.2985{col 70}{space 3}  244.084
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  200.387{col 29}{space 2} 101.1579{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4}  1.03448{col 70}{space 3} 399.7396
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 282.5468{col 29}{space 2} 106.3011{col 40}{space 1}    2.66{col 49}{space 3}0.008{col 57}{space 4} 73.05849{col 70}{space 3} 492.0352
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 62.80233{col 29}{space 2} 113.5434{col 40}{space 1}    0.55{col 49}{space 3}0.581{col 57}{space 4}-160.9584{col 70}{space 3} 286.5631
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 72.87798{col 29}{space 2} 107.4266{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-138.8284{col 70}{space 3} 284.5843
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 456.8501{col 29}{space 2} 104.9593{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4} 250.0061{col 70}{space 3} 663.6941
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 214.3362{col 29}{space 2} 121.3906{col 40}{space 1}    1.77{col 49}{space 3}0.079{col 57}{space 4}-24.88912{col 70}{space 3} 453.5614
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 406.9336{col 29}{space 2} 125.1695{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 160.2611{col 70}{space 3} 653.6061
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 394.6897{col 29}{space 2} 127.7679{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 142.8966{col 70}{space 3} 646.4829
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  368.974{col 29}{space 2} 133.2687{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 106.3404{col 70}{space 3} 631.6076
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 595.2729{col 29}{space 2}  134.585{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 330.0453{col 70}{space 3} 860.5005
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 733.3354{col 29}{space 2} 142.6958{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 452.1238{col 70}{space 3} 1014.547
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.5739{col 29}{space 2} 154.2409{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4} 155.6102{col 70}{space 3} 763.5375
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 645.6942{col 29}{space 2} 152.9987{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 344.1785{col 70}{space 3} 947.2099
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 735.4103{col 29}{space 2} 157.1181{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 425.7765{col 70}{space 3} 1045.044
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 474.3882{col 29}{space 2} 168.0974{col 40}{space 1}    2.82{col 49}{space 3}0.005{col 57}{space 4} 143.1174{col 70}{space 3} 805.6589
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 652.0011{col 29}{space 2} 170.3124{col 40}{space 1}    3.83{col 49}{space 3}0.000{col 57}{space 4} 316.3651{col 70}{space 3}  987.637
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 910.9188{col 29}{space 2} 173.7896{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 568.4303{col 70}{space 3} 1253.407
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 822.5178{col 29}{space 2} 188.8602{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 450.3297{col 70}{space 3} 1194.706
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1135.245{col 29}{space 2} 196.2652{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 748.4634{col 70}{space 3} 1522.026
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1045.073{col 29}{space 2} 204.2388{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 642.5775{col 70}{space 3} 1447.568
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 863.3084{col 29}{space 2} 209.6681{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4}  450.114{col 70}{space 3} 1276.503
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 289.6971{col 29}{space 2}  211.871{col 40}{space 1}    1.37{col 49}{space 3}0.173{col 57}{space 4}-127.8386{col 70}{space 3} 707.2328
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 979.4541{col 29}{space 2} 201.9004{col 40}{space 1}    4.85{col 49}{space 3}0.000{col 57}{space 4} 581.5676{col 70}{space 3} 1377.341
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2288.035{col 29}{space 2} 347.8958{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 1602.434{col 70}{space 3} 2973.635
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 47,       222){col 67}= {res}      3.29
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1578458{col 29}{space 2} .0406859{col 40}{space 1}   -3.88{col 49}{space 3}0.000{col 57}{space 4}-.2380258{col 70}{space 3}-.0776659
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0015643{col 29}{space 2} .0009388{col 40}{space 1}    1.67{col 49}{space 3}0.097{col 57}{space 4}-.0002859{col 70}{space 3} .0034144
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0407058{col 29}{space 2} .0693411{col 40}{space 1}    0.59{col 49}{space 3}0.558{col 57}{space 4}-.0959452{col 70}{space 3} .1773569
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0021405{col 29}{space 2} .0015025{col 40}{space 1}    1.42{col 49}{space 3}0.156{col 57}{space 4}-.0008205{col 70}{space 3} .0051016
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1495961{col 29}{space 2} .0841221{col 40}{space 1}    1.78{col 49}{space 3}0.077{col 57}{space 4}-.0161839{col 70}{space 3} .3153761
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .001968{col 29}{space 2} .0028939{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-.0037351{col 70}{space 3} .0076711
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1012383{col 29}{space 2} .0506322{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} .0014571{col 70}{space 3} .2010195
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.000879{col 29}{space 2} .0032109{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-.0072066{col 70}{space 3} .0054487
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.2154826{col 29}{space 2} .0837887{col 40}{space 1}   -2.57{col 49}{space 3}0.011{col 57}{space 4}-.3806057{col 70}{space 3}-.0503595
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0023635{col 29}{space 2} .0020811{col 40}{space 1}    1.14{col 49}{space 3}0.257{col 57}{space 4}-.0017377{col 70}{space 3} .0064646
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.233658{col 29}{space 2} 1.655478{col 40}{space 1}   -0.75{col 49}{space 3}0.457{col 57}{space 4}-4.496121{col 70}{space 3} 2.028805
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 3.234379{col 29}{space 2} 1.220495{col 40}{space 1}    2.65{col 49}{space 3}0.009{col 57}{space 4} .8291408{col 70}{space 3} 5.639617
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5491206{col 29}{space 2} 1.006368{col 40}{space 1}   -0.55{col 49}{space 3}0.586{col 57}{space 4}-2.532378{col 70}{space 3} 1.434137
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.403191{col 29}{space 2}  1.79654{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-1.137264{col 70}{space 3} 5.943646
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .5922368{col 29}{space 2}  1.59429{col 40}{space 1}    0.37{col 49}{space 3}0.711{col 57}{space 4}-2.549642{col 70}{space 3} 3.734115
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.763806{col 29}{space 2} 1.263951{col 40}{space 1}    2.19{col 49}{space 3}0.030{col 57}{space 4} .2729282{col 70}{space 3} 5.254684
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.343056{col 29}{space 2} 1.914328{col 40}{space 1}    0.70{col 49}{space 3}0.484{col 57}{space 4}-2.429525{col 70}{space 3} 5.115637
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.302403{col 29}{space 2} 1.235177{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-3.736576{col 70}{space 3}  1.13177
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-.8755164{col 29}{space 2} 2.787865{col 40}{space 1}   -0.31{col 49}{space 3}0.754{col 57}{space 4}-6.369583{col 70}{space 3}  4.61855
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1.658146{col 29}{space 2} 2.380578{col 40}{space 1}    0.70{col 49}{space 3}0.487{col 57}{space 4}-3.033276{col 70}{space 3} 6.349569
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-1.180562{col 29}{space 2} 2.082623{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-5.284803{col 70}{space 3} 2.923679
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 6.358465{col 29}{space 2} 3.816895{col 40}{space 1}    1.67{col 49}{space 3}0.097{col 57}{space 4}-1.163519{col 70}{space 3} 13.88045
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-.7038834{col 29}{space 2}  2.45759{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-5.547074{col 70}{space 3} 4.139307
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.037421{col 29}{space 2} 3.183945{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-5.237202{col 70}{space 3} 7.312045
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.247176{col 29}{space 2} 2.002711{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4}-5.193933{col 70}{space 3} 2.699582
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .2012312{col 29}{space 2} 3.133815{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-5.974602{col 70}{space 3} 6.377064
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4541368{col 29}{space 2} 2.331878{col 40}{space 1}   -0.19{col 49}{space 3}0.846{col 57}{space 4}-5.049585{col 70}{space 3} 4.141312
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1.985077{col 29}{space 2} 2.919654{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-3.768708{col 70}{space 3} 7.738861
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8039706{col 29}{space 2} 2.410538{col 40}{space 1}   -0.33{col 49}{space 3}0.739{col 57}{space 4}-5.554436{col 70}{space 3} 3.946495
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .4872378{col 29}{space 2} 3.244439{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-5.906603{col 70}{space 3} 6.881078
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} .4370783{col 29}{space 2} 2.653804{col 40}{space 1}    0.16{col 49}{space 3}0.869{col 57}{space 4}-4.792792{col 70}{space 3} 5.666949
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.27044{col 29}{space 2}   4.0953{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 3.199797{col 70}{space 3} 19.34107
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 4.352273{col 29}{space 2} 4.608515{col 40}{space 1}    0.94{col 49}{space 3}0.346{col 57}{space 4}-4.729761{col 70}{space 3} 13.43431
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.9247601{col 29}{space 2} 3.515689{col 40}{space 1}   -0.26{col 49}{space 3}0.793{col 57}{space 4}-7.853155{col 70}{space 3} 6.003635
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.200537{col 29}{space 2} 3.412468{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-8.925512{col 70}{space 3} 4.524439
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.475309{col 29}{space 2}  4.02215{col 40}{space 1}    0.37{col 49}{space 3}0.714{col 57}{space 4}-6.451172{col 70}{space 3} 9.401789
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} .7850504{col 29}{space 2} 3.665976{col 40}{space 1}    0.21{col 49}{space 3}0.831{col 57}{space 4}-6.439515{col 70}{space 3} 8.009616
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1.311348{col 29}{space 2}  4.54906{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-7.653519{col 70}{space 3} 10.27621
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-1.152887{col 29}{space 2} 4.160593{col 40}{space 1}   -0.28{col 49}{space 3}0.782{col 57}{space 4}-9.352198{col 70}{space 3} 7.046424
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 3.507115{col 29}{space 2} 4.372826{col 40}{space 1}    0.80{col 49}{space 3}0.423{col 57}{space 4}-5.110445{col 70}{space 3} 12.12468
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.2835866{col 29}{space 2} 4.440639{col 40}{space 1}   -0.06{col 49}{space 3}0.949{col 57}{space 4}-9.034787{col 70}{space 3} 8.467613
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 2.780574{col 29}{space 2} 4.985346{col 40}{space 1}    0.56{col 49}{space 3}0.578{col 57}{space 4}-7.044084{col 70}{space 3} 12.60523
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.634966{col 29}{space 2} 4.820518{col 40}{space 1}   -0.34{col 49}{space 3}0.735{col 57}{space 4} -11.1348{col 70}{space 3} 7.864865
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -1.63763{col 29}{space 2} 5.345024{col 40}{space 1}   -0.31{col 49}{space 3}0.760{col 57}{space 4}-12.17111{col 70}{space 3} 8.895848
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.610705{col 29}{space 2} 5.249575{col 40}{space 1}   -0.31{col 49}{space 3}0.759{col 57}{space 4}-11.95608{col 70}{space 3} 8.734671
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-1.901395{col 29}{space 2} 5.513163{col 40}{space 1}   -0.34{col 49}{space 3}0.731{col 57}{space 4}-12.76623{col 70}{space 3} 8.963436
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} .3265723{col 29}{space 2} 7.757156{col 40}{space 1}    0.04{col 49}{space 3}0.966{col 57}{space 4}-14.96051{col 70}{space 3} 15.61366
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.7465{col 29}{space 2} 9.313655{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-30.10099{col 70}{space 3} 6.607993
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(47, 222)      = {res}     2.61
{txt}       Model {c |} {res} 3682.82929        47    78.35807   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6676.23842       222  30.0731461   {txt}R-squared       ={res}    0.3555
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2191
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.4839

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1578458{col 29}{space 2} .0412092{col 40}{space 1}   -3.83{col 49}{space 3}0.000{col 57}{space 4}-.2390571{col 70}{space 3}-.0766345
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0015643{col 29}{space 2} .0011298{col 40}{space 1}    1.38{col 49}{space 3}0.168{col 57}{space 4}-.0006622{col 70}{space 3} .0037907
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0407058{col 29}{space 2} .0763993{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-.1098549{col 70}{space 3} .1912666
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0021405{col 29}{space 2} .0020483{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4} -.001896{col 70}{space 3} .0061771
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1495961{col 29}{space 2}  .074284{col 40}{space 1}    2.01{col 49}{space 3}0.045{col 57}{space 4}  .003204{col 70}{space 3} .2959882
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .001968{col 29}{space 2}  .001945{col 40}{space 1}    1.01{col 49}{space 3}0.313{col 57}{space 4}-.0018651{col 70}{space 3} .0058011
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1012383{col 29}{space 2} .0753303{col 40}{space 1}    1.34{col 49}{space 3}0.180{col 57}{space 4}-.0472156{col 70}{space 3} .2496922
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.000879{col 29}{space 2} .0023296{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-.0054699{col 70}{space 3}  .003712
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.2154826{col 29}{space 2} .0725593{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-.3584757{col 70}{space 3}-.0724895
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0023635{col 29}{space 2} .0024392{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-.0024434{col 70}{space 3} .0071703
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.233658{col 29}{space 2} 1.628002{col 40}{space 1}   -0.76{col 49}{space 3}0.449{col 57}{space 4}-4.441973{col 70}{space 3} 1.974658
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 3.234379{col 29}{space 2}  1.74542{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.2053329{col 70}{space 3} 6.674091
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.5491206{col 29}{space 2} 1.459634{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-3.425631{col 70}{space 3}  2.32739
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.403191{col 29}{space 2} 2.156742{col 40}{space 1}    1.11{col 49}{space 3}0.266{col 57}{space 4}-1.847115{col 70}{space 3} 6.653498
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .5922368{col 29}{space 2} 1.719881{col 40}{space 1}    0.34{col 49}{space 3}0.731{col 57}{space 4}-2.797146{col 70}{space 3} 3.981619
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.763806{col 29}{space 2} 1.637596{col 40}{space 1}    1.69{col 49}{space 3}0.093{col 57}{space 4}-.4634171{col 70}{space 3} 5.991029
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.343056{col 29}{space 2} 2.097875{col 40}{space 1}    0.64{col 49}{space 3}0.523{col 57}{space 4}-2.791242{col 70}{space 3} 5.477354
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.302403{col 29}{space 2} 1.688792{col 40}{space 1}   -0.77{col 49}{space 3}0.441{col 57}{space 4}-4.630519{col 70}{space 3} 2.025712
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-.8755164{col 29}{space 2} 3.052188{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-6.890486{col 70}{space 3} 5.139453
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1.658146{col 29}{space 2} 3.318175{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-4.881006{col 70}{space 3} 8.197299
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-1.180562{col 29}{space 2} 2.898272{col 40}{space 1}   -0.41{col 49}{space 3}0.684{col 57}{space 4}-6.892207{col 70}{space 3} 4.531083
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 6.358465{col 29}{space 2} 3.320218{col 40}{space 1}    1.92{col 49}{space 3}0.057{col 57}{space 4} -.184714{col 70}{space 3} 12.90164
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-.7038834{col 29}{space 2} 3.256532{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-7.121555{col 70}{space 3} 5.713788
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.037421{col 29}{space 2} 2.862014{col 40}{space 1}    0.36{col 49}{space 3}0.717{col 57}{space 4}-4.602771{col 70}{space 3} 6.677614
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.247176{col 29}{space 2} 3.133122{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-7.421642{col 70}{space 3}  4.92729
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .2012312{col 29}{space 2} 3.347612{col 40}{space 1}    0.06{col 49}{space 3}0.952{col 57}{space 4}-6.395932{col 70}{space 3} 6.798395
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4541368{col 29}{space 2} 3.481899{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-7.315941{col 70}{space 3} 6.407667
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1.985077{col 29}{space 2} 3.217386{col 40}{space 1}    0.62{col 49}{space 3}0.538{col 57}{space 4} -4.35545{col 70}{space 3} 8.325603
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8039706{col 29}{space 2}  3.35682{col 40}{space 1}   -0.24{col 49}{space 3}0.811{col 57}{space 4}-7.419281{col 70}{space 3}  5.81134
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .4872378{col 29}{space 2} 3.760671{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-6.923944{col 70}{space 3}  7.89842
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} .4370783{col 29}{space 2} 3.840962{col 40}{space 1}    0.11{col 49}{space 3}0.910{col 57}{space 4}-7.132333{col 70}{space 3}  8.00649
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.27044{col 29}{space 2} 3.733553{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 3.912695{col 70}{space 3} 18.62818
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 4.352273{col 29}{space 2} 4.160043{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4}-3.845954{col 70}{space 3}  12.5505
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.9247601{col 29}{space 2} 4.096008{col 40}{space 1}   -0.23{col 49}{space 3}0.822{col 57}{space 4}-8.996794{col 70}{space 3} 7.147273
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.200537{col 29}{space 2} 4.593406{col 40}{space 1}   -0.48{col 49}{space 3}0.632{col 57}{space 4} -11.2528{col 70}{space 3} 6.851723
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.475309{col 29}{space 2} 4.793534{col 40}{space 1}    0.31{col 49}{space 3}0.759{col 57}{space 4}-7.971345{col 70}{space 3} 10.92196
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} .7850504{col 29}{space 2} 4.744603{col 40}{space 1}    0.17{col 49}{space 3}0.869{col 57}{space 4}-8.565174{col 70}{space 3} 10.13527
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1.311348{col 29}{space 2} 4.913437{col 40}{space 1}    0.27{col 49}{space 3}0.790{col 57}{space 4}-8.371599{col 70}{space 3} 10.99429
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-1.152887{col 29}{space 2} 5.257861{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-11.51459{col 70}{space 3} 9.208819
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 3.507115{col 29}{space 2} 5.154939{col 40}{space 1}    0.68{col 49}{space 3}0.497{col 57}{space 4}-6.651761{col 70}{space 3} 13.66599
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.2835866{col 29}{space 2} 5.540214{col 40}{space 1}   -0.05{col 49}{space 3}0.959{col 57}{space 4}-11.20173{col 70}{space 3} 10.63455
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 2.780574{col 29}{space 2} 5.919067{col 40}{space 1}    0.47{col 49}{space 3}0.639{col 57}{space 4}-8.884176{col 70}{space 3} 14.44532
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.634966{col 29}{space 2} 6.147123{col 40}{space 1}   -0.27{col 49}{space 3}0.791{col 57}{space 4}-13.74915{col 70}{space 3} 10.47921
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -1.63763{col 29}{space 2} 6.316285{col 40}{space 1}   -0.26{col 49}{space 3}0.796{col 57}{space 4}-14.08518{col 70}{space 3} 10.80992
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.610705{col 29}{space 2} 6.523561{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-14.46674{col 70}{space 3} 11.24533
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-1.901395{col 29}{space 2} 6.270688{col 40}{space 1}   -0.30{col 49}{space 3}0.762{col 57}{space 4}-14.25909{col 70}{space 3} 10.45629
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} .3265723{col 29}{space 2} 6.403962{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-12.29376{col 70}{space 3} 12.94691
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.7465{col 29}{space 2} 11.19281{col 40}{space 1}   -1.05{col 49}{space 3}0.295{col 57}{space 4}-33.80426{col 70}{space 3} 10.31127
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}     23.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1963902{col 29}{space 2} .0451999{col 40}{space 1}   -4.34{col 49}{space 3}0.000{col 57}{space 4}-.2854617{col 70}{space 3}-.1073187
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.88397{col 29}{space 2} 1.354671{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .2144416{col 70}{space 3} 5.553499
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1347977{col 29}{space 2} .1435431{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-.1480698{col 70}{space 3} .4176652
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.332348{col 29}{space 2}  1.89761{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4}-1.407103{col 70}{space 3} 6.071799
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3083378{col 29}{space 2} .1435565{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} .0254437{col 70}{space 3} .5912318
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -3.37463{col 29}{space 2}  2.22944{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-7.767988{col 70}{space 3} 1.018729
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0095872{col 29}{space 2} .0834025{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-.1547667{col 70}{space 3} .1739411
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-4.583791{col 29}{space 2} 1.909982{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-8.347623{col 70}{space 3}-.8199592
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-78.87049{col 29}{space 2}  30.7707{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-139.5076{col 70}{space 3}-18.23342
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-105.7332{col 29}{space 2} 44.65912{col 40}{space 1}   -2.37{col 49}{space 3}0.019{col 57}{space 4}-193.7389{col 70}{space 3}-17.72743
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 64.82855{col 29}{space 2} 56.12449{col 40}{space 1}    1.16{col 49}{space 3}0.249{col 57}{space 4}-45.77099{col 70}{space 3} 175.4281
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-285.2683{col 29}{space 2} 68.97323{col 40}{space 1}   -4.14{col 49}{space 3}0.000{col 57}{space 4}-421.1877{col 70}{space 3}-149.3489
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 35.50644{col 29}{space 2} 48.31877{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-59.71107{col 70}{space 3} 130.7239
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -65.9574{col 29}{space 2} 46.22715{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-157.0531{col 70}{space 3} 25.13832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 83.39866{col 29}{space 2} 51.28969{col 40}{space 1}    1.63{col 49}{space 3}0.105{col 57}{space 4}-17.67336{col 70}{space 3} 184.4707
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-176.4206{col 29}{space 2} 39.40069{col 40}{space 1}   -4.48{col 49}{space 3}0.000{col 57}{space 4}-254.0641{col 70}{space 3}-98.77719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-90.10804{col 29}{space 2} 124.8956{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-336.2287{col 70}{space 3} 156.0126
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-126.7716{col 29}{space 2} 142.6849{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4} -407.948{col 70}{space 3} 154.4048
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 330.6007{col 29}{space 2} 115.2342{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 103.5189{col 70}{space 3} 557.6825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.438264{col 29}{space 2} 153.0248{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-298.1141{col 70}{space 3} 304.9907
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-46.13378{col 29}{space 2} 125.2146{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4} -292.883{col 70}{space 3} 200.6154
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.737028{col 29}{space 2} 134.1239{col 40}{space 1}    0.02{col 49}{space 3}0.984{col 57}{space 4} -261.569{col 70}{space 3}  267.043
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 257.6918{col 29}{space 2} 118.2533{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 24.66051{col 70}{space 3}  490.723
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 257.2392{col 29}{space 2} 156.6615{col 40}{space 1}    1.64{col 49}{space 3}0.102{col 57}{space 4}-51.47968{col 70}{space 3}  565.958
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 41.41276{col 29}{space 2}  142.043{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-238.4987{col 70}{space 3} 321.3242
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 8.606906{col 29}{space 2} 132.1509{col 40}{space 1}    0.07{col 49}{space 3}0.948{col 57}{space 4}-251.8111{col 70}{space 3} 269.0249
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 438.2126{col 29}{space 2} 135.9675{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 170.2736{col 70}{space 3} 706.1516
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 195.8914{col 29}{space 2} 183.6923{col 40}{space 1}    1.07{col 49}{space 3}0.287{col 57}{space 4}-166.0946{col 70}{space 3} 557.8774
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 351.9305{col 29}{space 2} 142.5628{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 70.99466{col 70}{space 3} 632.8664
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 301.7415{col 29}{space 2} 179.7467{col 40}{space 1}    1.68{col 49}{space 3}0.095{col 57}{space 4}-52.46933{col 70}{space 3} 655.9524
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 348.6577{col 29}{space 2} 156.8845{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 39.49929{col 70}{space 3} 657.8161
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 503.8328{col 29}{space 2}  172.633{col 40}{space 1}    2.92{col 49}{space 3}0.004{col 57}{space 4} 163.6404{col 70}{space 3} 844.0253
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.8513{col 29}{space 2} 186.4745{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 354.3827{col 70}{space 3}  1089.32
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.6632{col 29}{space 2} 226.3011{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-51.28835{col 70}{space 3} 840.6147
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 562.9944{col 29}{space 2}  191.008{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4}  186.592{col 70}{space 3} 939.3969
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 649.3661{col 29}{space 2} 234.7149{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 186.8344{col 70}{space 3} 1111.898
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 440.9195{col 29}{space 2} 218.5237{col 40}{space 1}    2.02{col 49}{space 3}0.045{col 57}{space 4} 10.29441{col 70}{space 3} 871.5447
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 538.2408{col 29}{space 2} 207.9901{col 40}{space 1}    2.59{col 49}{space 3}0.010{col 57}{space 4} 128.3732{col 70}{space 3} 948.1084
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 838.1597{col 29}{space 2} 240.6302{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 363.9713{col 70}{space 3} 1312.348
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}  737.524{col 29}{space 2}  255.218{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 234.5885{col 70}{space 3} 1240.459
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1012.329{col 29}{space 2} 243.5362{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 532.4138{col 70}{space 3} 1492.244
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 910.6091{col 29}{space 2} 276.6375{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 365.4642{col 70}{space 3} 1455.754
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 771.9837{col 29}{space 2} 312.4743{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 156.2184{col 70}{space 3} 1387.749
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 146.4089{col 29}{space 2} 244.4232{col 40}{space 1}    0.60{col 49}{space 3}0.550{col 57}{space 4}-335.2542{col 70}{space 3} 628.0719
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 890.9686{col 29}{space 2} 218.3805{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 460.6257{col 70}{space 3} 1321.312
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2100.875{col 29}{space 2} 415.2221{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 1282.634{col 70}{space 3} 2919.116
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(45, 224)      = {res}     8.12
{txt}       Model {c |} {res} 11708242.8        45  260183.174   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 7174963.04       224   32031.085   {txt}R-squared       ={res}    0.6200
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5437
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 178.97

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1963902{col 29}{space 2} .0344616{col 40}{space 1}   -5.70{col 49}{space 3}0.000{col 57}{space 4}-.2643006{col 70}{space 3}-.1284798
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.88397{col 29}{space 2} 1.295694{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} .3306618{col 70}{space 3} 5.437279
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1347977{col 29}{space 2} .0624554{col 40}{space 1}    2.16{col 49}{space 3}0.032{col 57}{space 4} .0117224{col 70}{space 3}  .257873
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.332348{col 29}{space 2} 2.128496{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4} -1.86209{col 70}{space 3} 6.526786
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3083378{col 29}{space 2} .0729794{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} .1645238{col 70}{space 3} .4521517
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -3.37463{col 29}{space 2} 2.484534{col 40}{space 1}   -1.36{col 49}{space 3}0.176{col 57}{space 4} -8.27068{col 70}{space 3}  1.52142
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0095872{col 29}{space 2} .0793771{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-.1468342{col 70}{space 3} .1660086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-4.583791{col 29}{space 2} 2.403703{col 40}{space 1}   -1.91{col 49}{space 3}0.058{col 57}{space 4}-9.320554{col 70}{space 3} .1529716
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-78.87049{col 29}{space 2} 52.87649{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-183.0695{col 70}{space 3} 25.32851
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-105.7332{col 29}{space 2} 55.50475{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-215.1115{col 70}{space 3}  3.64509
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 64.82855{col 29}{space 2} 47.35822{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-28.49608{col 70}{space 3} 158.1532
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-285.2683{col 29}{space 2} 67.89597{col 40}{space 1}   -4.20{col 49}{space 3}0.000{col 57}{space 4}-419.0649{col 70}{space 3}-151.4718
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 35.50644{col 29}{space 2} 55.41057{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-73.68623{col 70}{space 3} 144.6991
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -65.9574{col 29}{space 2} 52.80725{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}  -170.02{col 70}{space 3} 38.10515
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 83.39866{col 29}{space 2} 65.95495{col 40}{space 1}    1.26{col 49}{space 3}0.207{col 57}{space 4}-46.57288{col 70}{space 3} 213.3702
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-176.4206{col 29}{space 2} 53.66377{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4} -282.171{col 70}{space 3}-70.67021
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-90.10804{col 29}{space 2} 98.21764{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-283.6568{col 70}{space 3} 103.4407
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-126.7716{col 29}{space 2} 106.8284{col 40}{space 1}   -1.19{col 49}{space 3}0.237{col 57}{space 4}-337.2888{col 70}{space 3}  83.7456
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 330.6007{col 29}{space 2} 91.89553{col 40}{space 1}    3.60{col 49}{space 3}0.000{col 57}{space 4} 149.5103{col 70}{space 3}  511.691
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.438264{col 29}{space 2} 108.9981{col 40}{space 1}    0.03{col 49}{space 3}0.975{col 57}{space 4}-211.3546{col 70}{space 3} 218.2312
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-46.13378{col 29}{space 2} 106.1604{col 40}{space 1}   -0.43{col 49}{space 3}0.664{col 57}{space 4}-255.3347{col 70}{space 3} 163.0672
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.737028{col 29}{space 2} 93.37242{col 40}{space 1}    0.03{col 49}{space 3}0.977{col 57}{space 4}-181.2637{col 70}{space 3} 186.7377
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 257.6918{col 29}{space 2} 98.79854{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 62.99828{col 70}{space 3} 452.3852
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 257.2392{col 29}{space 2} 106.5213{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4}  47.3271{col 70}{space 3} 467.1512
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 41.41276{col 29}{space 2} 112.6392{col 40}{space 1}    0.37{col 49}{space 3}0.713{col 57}{space 4}-180.5553{col 70}{space 3} 263.3809
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 8.606906{col 29}{space 2} 104.5463{col 40}{space 1}    0.08{col 49}{space 3}0.934{col 57}{space 4}-197.4132{col 70}{space 3}  214.627
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 438.2126{col 29}{space 2} 105.5757{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 230.1639{col 70}{space 3} 646.2612
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 195.8914{col 29}{space 2} 121.8099{col 40}{space 1}    1.61{col 49}{space 3}0.109{col 57}{space 4}-44.14855{col 70}{space 3} 435.9314
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 351.9305{col 29}{space 2}  122.754{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 110.0302{col 70}{space 3} 593.8309
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 301.7415{col 29}{space 2} 122.3831{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4}   60.572{col 70}{space 3} 542.9111
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 348.6577{col 29}{space 2} 134.0169{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} 84.56257{col 70}{space 3} 612.7528
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 503.8328{col 29}{space 2} 129.3368{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 248.9603{col 70}{space 3} 758.7053
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.8513{col 29}{space 2} 138.5614{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 448.8006{col 70}{space 3} 994.9019
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.6632{col 29}{space 2} 151.3998{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 96.31309{col 70}{space 3} 693.0133
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 562.9944{col 29}{space 2} 150.0312{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 267.3413{col 70}{space 3} 858.6476
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 649.3661{col 29}{space 2} 154.3477{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 345.2068{col 70}{space 3} 953.5254
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 440.9195{col 29}{space 2} 168.9682{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 107.9489{col 70}{space 3} 773.8902
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 538.2408{col 29}{space 2}  164.522{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 214.0319{col 70}{space 3} 862.4497
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 838.1597{col 29}{space 2} 171.8097{col 40}{space 1}    4.88{col 49}{space 3}0.000{col 57}{space 4} 499.5896{col 70}{space 3}  1176.73
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}  737.524{col 29}{space 2} 186.8546{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} 369.3062{col 70}{space 3} 1105.742
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1012.329{col 29}{space 2} 188.4877{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 640.8929{col 70}{space 3} 1383.765
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 910.6091{col 29}{space 2} 196.9028{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 522.5902{col 70}{space 3} 1298.628
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 771.9837{col 29}{space 2} 206.2514{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 365.5424{col 70}{space 3} 1178.425
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 146.4089{col 29}{space 2} 204.3704{col 40}{space 1}    0.72{col 49}{space 3}0.474{col 57}{space 4}-256.3256{col 70}{space 3} 549.1434
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 890.9686{col 29}{space 2} 200.3201{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 496.2158{col 70}{space 3} 1285.722
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2100.875{col 29}{space 2} 337.5912{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 1435.614{col 70}{space 3} 2766.136
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38}-1758.451{col 49}    46{col 58} 3608.902{col 69} 3774.429
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}      3.82
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1875888{col 29}{space 2} .0438632{col 40}{space 1}   -4.28{col 49}{space 3}0.000{col 57}{space 4}-.2740261{col 70}{space 3}-.1011514
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0020908{col 29}{space 2} .0010303{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} .0000604{col 70}{space 3} .0041212
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0548775{col 29}{space 2} .0709988{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-.0850336{col 70}{space 3} .1947885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0020254{col 29}{space 2} .0015153{col 40}{space 1}    1.34{col 49}{space 3}0.183{col 57}{space 4}-.0009607{col 70}{space 3} .0050114
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1643911{col 29}{space 2} .0772306{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .0121996{col 70}{space 3} .3165827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0015081{col 29}{space 2} .0029805{col 40}{space 1}    0.51{col 49}{space 3}0.613{col 57}{space 4}-.0043653{col 70}{space 3} .0073814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1380772{col 29}{space 2} .0499963{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4}  .039554{col 70}{space 3} .2366004
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0001289{col 29}{space 2} .0032867{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0066057{col 70}{space 3}  .006348
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.199688{col 29}{space 2} 1.753138{col 40}{space 1}   -0.68{col 49}{space 3}0.494{col 57}{space 4}-4.654442{col 70}{space 3} 2.255066
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.044804{col 29}{space 2} 1.239828{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4} 1.601586{col 70}{space 3} 6.488022
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.7356896{col 29}{space 2} 1.015204{col 40}{space 1}   -0.72{col 49}{space 3}0.469{col 57}{space 4}-2.736261{col 70}{space 3} 1.264882
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.009128{col 29}{space 2} 1.873033{col 40}{space 1}    1.61{col 49}{space 3}0.110{col 57}{space 4}-.6818902{col 70}{space 3} 6.700147
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9142977{col 29}{space 2} 1.580482{col 40}{space 1}    0.58{col 49}{space 3}0.564{col 57}{space 4}-2.200217{col 70}{space 3} 4.028812
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 3.380696{col 29}{space 2} 1.210423{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} .9954227{col 70}{space 3} 5.765969
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.300358{col 29}{space 2} 2.037768{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.715289{col 70}{space 3} 6.316006
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-.7634029{col 29}{space 2} 1.363732{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-3.450788{col 70}{space 3} 1.923982
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.818637{col 29}{space 2}  2.72659{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-7.191686{col 70}{space 3} 3.554411
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.405348{col 29}{space 2} 2.343193{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4} -6.02287{col 70}{space 3} 3.212173
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.082503{col 29}{space 2} 2.076541{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-6.174557{col 70}{space 3} 2.009551
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.895743{col 29}{space 2} 4.038026{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-3.061636{col 70}{space 3} 12.85312
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.111284{col 29}{space 2}  2.36656{col 40}{space 1}   -0.89{col 49}{space 3}0.373{col 57}{space 4}-6.774854{col 70}{space 3} 2.552285
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .7904705{col 29}{space 2} 3.204988{col 40}{space 1}    0.25{col 49}{space 3}0.805{col 57}{space 4}-5.525313{col 70}{space 3} 7.106254
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.490388{col 29}{space 2} 2.005953{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4} -6.44334{col 70}{space 3} 1.462565
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.47848{col 29}{space 2} 3.021036{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-8.431765{col 70}{space 3} 3.474806
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.006071{col 29}{space 2}  2.17654{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-6.295185{col 70}{space 3} 2.283042
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  .202286{col 29}{space 2} 2.738635{col 40}{space 1}    0.07{col 49}{space 3}0.941{col 57}{space 4}-5.194497{col 70}{space 3} 5.599069
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.804437{col 29}{space 2}  2.33021{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-6.396374{col 70}{space 3} 2.787501
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.9804633{col 29}{space 2} 3.317219{col 40}{space 1}   -0.30{col 49}{space 3}0.768{col 57}{space 4}-7.517412{col 70}{space 3} 5.556485
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  -1.7209{col 29}{space 2} 2.298968{col 40}{space 1}   -0.75{col 49}{space 3}0.455{col 57}{space 4}-6.251271{col 70}{space 3} 2.809472
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.90605{col 29}{space 2} 4.033139{col 40}{space 1}    2.46{col 49}{space 3}0.015{col 57}{space 4} 1.958302{col 70}{space 3}  17.8538
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.54172{col 29}{space 2} 4.416887{col 40}{space 1}    0.58{col 49}{space 3}0.566{col 57}{space 4}-6.162246{col 70}{space 3} 11.24569
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -2.42312{col 29}{space 2} 3.595402{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-9.508258{col 70}{space 3} 4.662018
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.148764{col 29}{space 2} 3.364337{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-10.77856{col 70}{space 3} 2.481036
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.819718{col 29}{space 2} 4.219288{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-11.13429{col 70}{space 3} 5.494857
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.690297{col 29}{space 2} 3.410434{col 40}{space 1}   -0.50{col 49}{space 3}0.621{col 57}{space 4}-8.410935{col 70}{space 3} 5.030341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .4266763{col 29}{space 2} 4.631302{col 40}{space 1}    0.09{col 49}{space 3}0.927{col 57}{space 4}-8.699818{col 70}{space 3}  9.55317
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.994208{col 29}{space 2} 4.137108{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-11.14684{col 70}{space 3} 5.158423
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.936238{col 29}{space 2} 4.517399{col 40}{space 1}    0.43{col 49}{space 3}0.669{col 57}{space 4}-6.965798{col 70}{space 3} 10.83827
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.915572{col 29}{space 2} 4.479172{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-10.74228{col 70}{space 3} 6.911134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} .0212772{col 29}{space 2} 5.064748{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}-9.959371{col 70}{space 3} 10.00193
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.80206{col 29}{space 2} 4.737471{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4}-13.13777{col 70}{space 3} 5.533653
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.296156{col 29}{space 2} 5.634966{col 40}{space 1}   -0.76{col 49}{space 3}0.447{col 57}{space 4}-15.40048{col 70}{space 3}  6.80817
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.228521{col 29}{space 2} 5.200759{col 40}{space 1}   -0.81{col 49}{space 3}0.417{col 57}{space 4}-14.47719{col 70}{space 3} 6.020152
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.336798{col 29}{space 2} 5.600937{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-15.37407{col 70}{space 3} 6.700469
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -1.72935{col 29}{space 2} 7.186592{col 40}{space 1}   -0.24{col 49}{space 3}0.810{col 57}{space 4}-15.89133{col 70}{space 3} 12.43263
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.39032{col 29}{space 2} 10.45737{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-35.99773{col 70}{space 3} 5.217092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(45, 224)      = {res}     2.42
{txt}       Model {c |} {res} 3386.60991        45  75.2579979   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6972.45781       224  31.1270438   {txt}R-squared       ={res}    0.3269
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1917
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.5792

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1875888{col 29}{space 2} .0408013{col 40}{space 1}   -4.60{col 49}{space 3}0.000{col 57}{space 4}-.2679923{col 70}{space 3}-.1071853
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0020908{col 29}{space 2} .0010842{col 40}{space 1}    1.93{col 49}{space 3}0.055{col 57}{space 4}-.0000457{col 70}{space 3} .0042273
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0548775{col 29}{space 2} .0770416{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-.0969415{col 70}{space 3} .2066964
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0020254{col 29}{space 2} .0020834{col 40}{space 1}    0.97{col 49}{space 3}0.332{col 57}{space 4}-.0020801{col 70}{space 3} .0061309
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1643911{col 29}{space 2} .0753227{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} .0159594{col 70}{space 3} .3128228
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0015081{col 29}{space 2} .0019706{col 40}{space 1}    0.77{col 49}{space 3}0.445{col 57}{space 4}-.0023753{col 70}{space 3} .0053914
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1380772{col 29}{space 2} .0755654{col 40}{space 1}    1.83{col 49}{space 3}0.069{col 57}{space 4}-.0108328{col 70}{space 3} .2869871
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0001289{col 29}{space 2} .0023386{col 40}{space 1}   -0.06{col 49}{space 3}0.956{col 57}{space 4}-.0047374{col 70}{space 3} .0044796
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.199688{col 29}{space 2} 1.644997{col 40}{space 1}   -0.73{col 49}{space 3}0.467{col 57}{space 4}-4.441338{col 70}{space 3} 2.041962
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.044804{col 29}{space 2} 1.755786{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} .5848334{col 70}{space 3} 7.504775
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.7356896{col 29}{space 2} 1.483487{col 40}{space 1}   -0.50{col 49}{space 3}0.620{col 57}{space 4}-3.659065{col 70}{space 3} 2.187686
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.009128{col 29}{space 2} 2.132906{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4}-1.194001{col 70}{space 3} 7.212257
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9142977{col 29}{space 2} 1.726306{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4} -2.48758{col 70}{space 3} 4.316175
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 3.380696{col 29}{space 2}  1.65399{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} .1213247{col 70}{space 3} 6.640067
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.300358{col 29}{space 2} 2.089194{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-1.816629{col 70}{space 3} 6.417346
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-.7634029{col 29}{space 2} 1.701146{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-4.115701{col 70}{space 3} 2.588895
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.818637{col 29}{space 2} 2.963823{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-7.659178{col 70}{space 3} 4.021904
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.405348{col 29}{space 2} 2.746111{col 40}{space 1}   -0.51{col 49}{space 3}0.609{col 57}{space 4}-6.816864{col 70}{space 3} 4.006167
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.082503{col 29}{space 2} 2.860536{col 40}{space 1}   -0.73{col 49}{space 3}0.467{col 57}{space 4}-7.719507{col 70}{space 3} 3.554501
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.895743{col 29}{space 2} 3.111864{col 40}{space 1}    1.57{col 49}{space 3}0.117{col 57}{space 4}-1.236531{col 70}{space 3} 11.02802
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.111284{col 29}{space 2} 3.030157{col 40}{space 1}   -0.70{col 49}{space 3}0.487{col 57}{space 4}-8.082546{col 70}{space 3} 3.859977
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .7904705{col 29}{space 2} 2.907907{col 40}{space 1}    0.27{col 49}{space 3}0.786{col 57}{space 4}-4.939883{col 70}{space 3} 6.520824
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.490388{col 29}{space 2} 2.998115{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-8.398506{col 70}{space 3} 3.417731
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.47848{col 29}{space 2} 3.168298{col 40}{space 1}   -0.78{col 49}{space 3}0.435{col 57}{space 4}-8.721963{col 70}{space 3} 3.765004
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.006071{col 29}{space 2} 3.182874{col 40}{space 1}   -0.63{col 49}{space 3}0.529{col 57}{space 4}-8.278277{col 70}{space 3} 4.266134
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  .202286{col 29}{space 2} 3.128156{col 40}{space 1}    0.06{col 49}{space 3}0.948{col 57}{space 4}-5.962092{col 70}{space 3} 6.366664
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.804437{col 29}{space 2} 3.262976{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-8.234493{col 70}{space 3}  4.62562
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.9804633{col 29}{space 2} 3.493669{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-7.865126{col 70}{space 3}   5.9042
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  -1.7209{col 29}{space 2} 3.391032{col 40}{space 1}   -0.51{col 49}{space 3}0.612{col 57}{space 4}-8.403304{col 70}{space 3} 4.961505
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.90605{col 29}{space 2}  3.65351{col 40}{space 1}    2.71{col 49}{space 3}0.007{col 57}{space 4} 2.706404{col 70}{space 3}  17.1057
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.54172{col 29}{space 2} 3.744053{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-4.836351{col 70}{space 3} 9.919791
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -2.42312{col 29}{space 2} 3.953385{col 40}{space 1}   -0.61{col 49}{space 3}0.541{col 57}{space 4} -10.2137{col 70}{space 3} 5.367464
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.148764{col 29}{space 2} 4.293366{col 40}{space 1}   -0.97{col 49}{space 3}0.335{col 57}{space 4}-12.60932{col 70}{space 3}  4.31179
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.819718{col 29}{space 2} 4.423344{col 40}{space 1}   -0.64{col 49}{space 3}0.524{col 57}{space 4}-11.53641{col 70}{space 3} 5.896972
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.690297{col 29}{space 2} 4.462885{col 40}{space 1}   -0.38{col 49}{space 3}0.705{col 57}{space 4}-10.48491{col 70}{space 3} 7.104313
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .4266763{col 29}{space 2} 4.845413{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-9.121747{col 70}{space 3}   9.9751
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.994208{col 29}{space 2} 4.838529{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-12.52907{col 70}{space 3}  6.54065
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.936238{col 29}{space 2}  4.92663{col 40}{space 1}    0.39{col 49}{space 3}0.695{col 57}{space 4}-7.772232{col 70}{space 3} 11.64471
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.915572{col 29}{space 2} 5.284659{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-12.32958{col 70}{space 3} 8.498435
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} .0212772{col 29}{space 2} 5.436527{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}  -10.692{col 70}{space 3} 10.73456
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.80206{col 29}{space 2} 5.652525{col 40}{space 1}   -0.67{col 49}{space 3}0.502{col 57}{space 4}-14.94099{col 70}{space 3} 7.336868
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.296156{col 29}{space 2}  6.03556{col 40}{space 1}   -0.71{col 49}{space 3}0.477{col 57}{space 4} -16.1899{col 70}{space 3} 7.597585
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.228521{col 29}{space 2} 6.045258{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-16.14137{col 70}{space 3} 7.684331
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.336798{col 29}{space 2} 6.072821{col 40}{space 1}   -0.71{col 49}{space 3}0.476{col 57}{space 4}-16.30397{col 70}{space 3}  7.63037
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -1.72935{col 29}{space 2} 6.155162{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-13.85878{col 70}{space 3} 10.40008
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.39032{col 29}{space 2} 11.05471{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-37.17486{col 70}{space 3} 6.394214
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-822.0391{col 49}    46{col 58} 1736.078{col 69} 1901.606
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   222) ={res}    4.02
{txt}{col 13}Prob > F ={res}    0.0192
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   222) ={res}    3.61
{txt}{col 13}Prob > F ={res}    0.0286
{txt}
{com}. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}     22.06
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1247641{col 29}{space 2} .0407507{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-.2050583{col 70}{space 3}-.0444699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.385796{col 29}{space 2} 1.167381{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.9143864{col 70}{space 3} 3.685978
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.246005{col 29}{space 2} 1.770439{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-1.242428{col 70}{space 3} 5.734439
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-55.69566{col 29}{space 2} 39.24939{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-133.0318{col 70}{space 3} 21.64044
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.08892{col 29}{space 2} 47.43913{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-166.5619{col 70}{space 3} 20.38406
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 54.46231{col 29}{space 2} 74.75339{col 40}{space 1}    0.73{col 49}{space 3}0.467{col 57}{space 4}-92.83007{col 70}{space 3} 201.7547
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-187.2377{col 29}{space 2} 65.71057{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-316.7123{col 70}{space 3} -57.7631
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 22.86763{col 29}{space 2} 61.86569{col 40}{space 1}    0.37{col 49}{space 3}0.712{col 57}{space 4}-99.03112{col 70}{space 3} 144.7664
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -37.6474{col 29}{space 2} 54.36069{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-144.7585{col 70}{space 3} 69.46368
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 79.91322{col 29}{space 2} 66.90972{col 40}{space 1}    1.19{col 49}{space 3}0.234{col 57}{space 4}-51.92416{col 70}{space 3} 211.7506
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-128.3914{col 29}{space 2} 47.65522{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-222.2901{col 70}{space 3}-34.49263
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-128.5959{col 29}{space 2} 65.06362{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-256.7958{col 70}{space 3}-.3959942
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -35.9635{col 29}{space 2} 123.3576{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-279.0244{col 70}{space 3} 207.0974
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 393.0455{col 29}{space 2} 101.0952{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 193.8499{col 70}{space 3} 592.2411
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 113.9102{col 29}{space 2} 99.98475{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-83.09749{col 70}{space 3} 310.9179
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 120.6162{col 29}{space 2} 124.2046{col 40}{space 1}    0.97{col 49}{space 3}0.333{col 57}{space 4}-124.1137{col 70}{space 3} 365.3461
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 50.92378{col 29}{space 2} 125.4526{col 40}{space 1}    0.41{col 49}{space 3}0.685{col 57}{space 4}-196.2652{col 70}{space 3} 298.1128
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 308.5513{col 29}{space 2} 110.2767{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 91.26468{col 70}{space 3} 525.8379
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.5902{col 29}{space 2} 115.1745{col 40}{space 1}    2.49{col 49}{space 3}0.014{col 57}{space 4} 59.65303{col 70}{space 3} 513.5273
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 134.5352{col 29}{space 2} 124.0357{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-109.8619{col 70}{space 3} 378.9324
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  53.7482{col 29}{space 2} 127.3221{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-197.1245{col 70}{space 3} 304.6209
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 411.9159{col 29}{space 2} 127.1214{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 161.4387{col 70}{space 3} 662.3931
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.8409{col 29}{space 2} 135.0303{col 40}{space 1}    1.22{col 49}{space 3}0.223{col 57}{space 4}-101.2198{col 70}{space 3} 430.9016
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  392.702{col 29}{space 2} 140.0537{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 116.7434{col 70}{space 3} 668.6605
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 265.8926{col 29}{space 2} 149.3382{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-28.36003{col 70}{space 3} 560.1453
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 332.2961{col 29}{space 2} 152.1393{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4}  32.5242{col 70}{space 3} 632.0679
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 421.3691{col 29}{space 2} 157.8462{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 110.3525{col 70}{space 3} 732.3856
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 696.5528{col 29}{space 2} 168.1273{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 365.2787{col 70}{space 3} 1027.827
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  405.116{col 29}{space 2} 187.9346{col 40}{space 1}    2.16{col 49}{space 3}0.032{col 57}{space 4} 34.81399{col 70}{space 3}  775.418
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 593.1098{col 29}{space 2}  201.556{col 40}{space 1}    2.94{col 49}{space 3}0.004{col 57}{space 4} 195.9684{col 70}{space 3} 990.2512
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 571.2733{col 29}{space 2}  210.298{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 156.9069{col 70}{space 3} 985.6396
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 378.3561{col 29}{space 2} 208.9611{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-33.37622{col 70}{space 3} 790.0883
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  426.804{col 29}{space 2} 213.8147{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} 5.508376{col 70}{space 3} 848.0997
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 663.1497{col 29}{space 2} 225.0023{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4} 219.8102{col 70}{space 3} 1106.489
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 576.0389{col 29}{space 2} 228.9845{col 40}{space 1}    2.52{col 49}{space 3}0.013{col 57}{space 4}  124.853{col 70}{space 3} 1027.225
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 904.3302{col 29}{space 2}  247.255{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 417.1446{col 70}{space 3} 1391.516
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 772.8767{col 29}{space 2} 239.5711{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 300.8313{col 70}{space 3} 1244.922
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 693.6744{col 29}{space 2} 319.3145{col 40}{space 1}    2.17{col 49}{space 3}0.031{col 57}{space 4} 64.50426{col 70}{space 3} 1322.844
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.24232{col 29}{space 2} 254.6214{col 40}{space 1}   -0.07{col 49}{space 3}0.943{col 57}{space 4}-519.9426{col 70}{space 3}  483.458
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 633.0227{col 29}{space 2} 266.3779{col 40}{space 1}    2.38{col 49}{space 3}0.018{col 57}{space 4} 108.1577{col 70}{space 3} 1157.888
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1356.87{col 29}{space 2} 394.2705{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 580.0086{col 70}{space 3} 2133.732
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(40, 229)      = {res}     7.62
{txt}       Model {c |} {res} 10780077.7        40  269501.942   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8103128.18       229  35384.8392   {txt}R-squared       ={res}    0.5709
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.4959
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 188.11

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1247641{col 29}{space 2} .0310136{col 40}{space 1}   -4.02{col 49}{space 3}0.000{col 57}{space 4}-.1858725{col 70}{space 3}-.0636556
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.385796{col 29}{space 2} 1.283337{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-1.142862{col 70}{space 3} 3.914454
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.246005{col 29}{space 2} 2.208991{col 40}{space 1}    1.02{col 49}{space 3}0.310{col 57}{space 4}-2.106541{col 70}{space 3} 6.598552
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-55.69566{col 29}{space 2} 54.82808{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-163.7277{col 70}{space 3} 52.33634
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.08892{col 29}{space 2} 56.77128{col 40}{space 1}   -1.29{col 49}{space 3}0.199{col 57}{space 4}-184.9498{col 70}{space 3} 38.77191
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 54.46231{col 29}{space 2} 49.69813{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4}-43.46176{col 70}{space 3} 152.3864
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-187.2377{col 29}{space 2} 66.54465{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-318.3558{col 70}{space 3}-56.11964
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 22.86763{col 29}{space 2} 56.10847{col 40}{space 1}    0.41{col 49}{space 3}0.684{col 57}{space 4}-87.68722{col 70}{space 3} 133.4225
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -37.6474{col 29}{space 2} 54.59264{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-145.2155{col 70}{space 3}  69.9207
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 79.91322{col 29}{space 2} 65.59017{col 40}{space 1}    1.22{col 49}{space 3}0.224{col 57}{space 4}-49.32415{col 70}{space 3} 209.1506
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-128.3914{col 29}{space 2} 55.09649{col 40}{space 1}   -2.33{col 49}{space 3}0.021{col 57}{space 4}-236.9523{col 70}{space 3}-19.83051
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-128.5959{col 29}{space 2} 88.82462{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-303.6139{col 70}{space 3} 46.42215
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -35.9635{col 29}{space 2} 88.83655{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4} -211.005{col 70}{space 3}  139.078
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 393.0455{col 29}{space 2} 88.97814{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4}  217.725{col 70}{space 3}  568.366
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 113.9102{col 29}{space 2} 92.22794{col 40}{space 1}    1.24{col 49}{space 3}0.218{col 57}{space 4}-67.81365{col 70}{space 3}  295.634
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 120.6162{col 29}{space 2} 92.89817{col 40}{space 1}    1.30{col 49}{space 3}0.195{col 57}{space 4}-62.42825{col 70}{space 3} 303.6607
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 50.92378{col 29}{space 2} 94.31889{col 40}{space 1}    0.54{col 49}{space 3}0.590{col 57}{space 4}  -134.92{col 70}{space 3} 236.7676
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 308.5513{col 29}{space 2} 95.24548{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 120.8818{col 70}{space 3} 496.2208
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.5902{col 29}{space 2} 98.98285{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} 91.55661{col 70}{space 3} 481.6237
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 134.5352{col 29}{space 2} 102.5929{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-67.61144{col 70}{space 3} 336.6819
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  53.7482{col 29}{space 2} 103.7325{col 40}{space 1}    0.52{col 49}{space 3}0.605{col 57}{space 4}-150.6439{col 70}{space 3} 258.1403
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 411.9159{col 29}{space 2} 103.7683{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 207.4532{col 70}{space 3} 616.3786
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.8409{col 29}{space 2} 109.3696{col 40}{space 1}    1.51{col 49}{space 3}0.133{col 57}{space 4}-50.65846{col 70}{space 3} 380.3403
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  392.702{col 29}{space 2} 110.6124{col 40}{space 1}    3.55{col 49}{space 3}0.000{col 57}{space 4} 174.7537{col 70}{space 3} 610.6502
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 265.8926{col 29}{space 2} 118.0883{col 40}{space 1}    2.25{col 49}{space 3}0.025{col 57}{space 4} 33.21417{col 70}{space 3} 498.5711
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 332.2961{col 29}{space 2}  120.508{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 94.84977{col 70}{space 3} 569.7423
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 421.3691{col 29}{space 2} 124.8709{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 175.3262{col 70}{space 3} 667.4119
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 696.5528{col 29}{space 2} 129.9792{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 440.4447{col 70}{space 3}  952.661
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  405.116{col 29}{space 2} 140.3687{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 128.5366{col 70}{space 3} 681.6954
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 593.1098{col 29}{space 2} 143.5535{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 310.2552{col 70}{space 3} 875.9643
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 571.2733{col 29}{space 2} 150.7663{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 274.2068{col 70}{space 3} 868.3398
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 378.3561{col 29}{space 2} 157.4874{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 68.04654{col 70}{space 3} 688.6656
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  426.804{col 29}{space 2} 158.1204{col 40}{space 1}    2.70{col 49}{space 3}0.007{col 57}{space 4} 115.2472{col 70}{space 3} 738.3608
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 663.1497{col 29}{space 2}    160.9{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4} 346.1161{col 70}{space 3} 980.1833
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 576.0389{col 29}{space 2} 168.4126{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 244.2025{col 70}{space 3} 907.8753
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 904.3302{col 29}{space 2} 173.7041{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 562.0676{col 70}{space 3} 1246.593
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 772.8767{col 29}{space 2} 185.9438{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 406.4974{col 70}{space 3} 1139.256
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 693.6744{col 29}{space 2} 193.6883{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 312.0353{col 70}{space 3} 1075.313
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.24232{col 29}{space 2} 198.7229{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}-409.8014{col 70}{space 3} 373.3167
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 633.0227{col 29}{space 2} 184.1331{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4}  270.211{col 70}{space 3} 995.8344
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1356.87{col 29}{space 2} 309.2366{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 747.5575{col 70}{space 3} 1966.183
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38}-1774.874{col 49}    41{col 58} 3631.748{col 69} 3779.284
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}      3.77
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1455457{col 29}{space 2}  .041665{col 40}{space 1}   -3.49{col 49}{space 3}0.001{col 57}{space 4}-.2276415{col 70}{space 3}-.0634498
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0019711{col 29}{space 2} .0009593{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} .0000809{col 70}{space 3} .0038613
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0020009{col 29}{space 2} .0014205{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4} -.000798{col 70}{space 3} .0047999
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.9147794{col 29}{space 2} 1.811571{col 40}{space 1}   -0.50{col 49}{space 3}0.614{col 57}{space 4}-4.484258{col 70}{space 3} 2.654699
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.771423{col 29}{space 2} 1.211155{col 40}{space 1}    2.29{col 49}{space 3}0.023{col 57}{space 4} .3849911{col 70}{space 3} 5.157856
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.4614785{col 29}{space 2} 1.063492{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-2.556958{col 70}{space 3} 1.634001
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.972314{col 29}{space 2} 1.861542{col 40}{space 1}    1.60{col 49}{space 3}0.112{col 57}{space 4}-.6956256{col 70}{space 3} 6.640253
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.1519111{col 29}{space 2} 1.840127{col 40}{space 1}   -0.08{col 49}{space 3}0.934{col 57}{space 4}-3.777655{col 70}{space 3} 3.473833
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  2.47758{col 29}{space 2} 1.391276{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-.2637596{col 70}{space 3} 5.218919
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .5070459{col 29}{space 2} 1.974787{col 40}{space 1}    0.26{col 49}{space 3}0.798{col 57}{space 4} -3.38403{col 70}{space 3} 4.398122
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.218832{col 29}{space 2} 1.358987{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4} -3.89655{col 70}{space 3} 1.458885
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.056677{col 29}{space 2} 1.229478{col 40}{space 1}   -0.86{col 49}{space 3}0.391{col 57}{space 4}-3.479212{col 70}{space 3} 1.365858
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.483808{col 29}{space 2} 2.489865{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4}-6.389781{col 70}{space 3} 3.422165
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.138516{col 29}{space 2} 1.342999{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4} -4.78473{col 70}{space 3} .5076988
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.314462{col 29}{space 2} 3.002793{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4} -.602172{col 70}{space 3}  11.2311
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.089853{col 29}{space 2} 1.851099{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.737216{col 70}{space 3} 1.557511
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.730828{col 29}{space 2} 2.900604{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-3.984456{col 70}{space 3} 7.446111
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.868671{col 29}{space 2} 1.654395{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.128453{col 70}{space 3} 1.391111
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.116696{col 29}{space 2} 2.262198{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-6.574079{col 70}{space 3} 2.340688
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.765842{col 29}{space 2} 1.929956{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-5.568583{col 70}{space 3} 2.036898
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2740299{col 29}{space 2} 2.736361{col 40}{space 1}   -0.10{col 49}{space 3}0.920{col 57}{space 4}-5.665693{col 70}{space 3} 5.117633
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.293988{col 29}{space 2} 2.060608{col 40}{space 1}   -1.11{col 49}{space 3}0.267{col 57}{space 4}-6.354162{col 70}{space 3} 1.766187
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.7154148{col 29}{space 2} 2.623694{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-5.885082{col 70}{space 3} 4.454252
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.007839{col 29}{space 2} 2.326585{col 40}{space 1}   -0.86{col 49}{space 3}0.389{col 57}{space 4}-6.592089{col 70}{space 3} 2.576412
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.952902{col 29}{space 2} 3.718158{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} 2.626729{col 70}{space 3} 17.27908
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.536389{col 29}{space 2} 3.860893{col 40}{space 1}    0.66{col 49}{space 3}0.512{col 57}{space 4}-5.071027{col 70}{space 3}  10.1438
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.144968{col 29}{space 2} 3.054324{col 40}{space 1}   -0.37{col 49}{space 3}0.708{col 57}{space 4}-7.163138{col 70}{space 3} 4.873202
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.777303{col 29}{space 2} 3.055491{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-8.797774{col 70}{space 3} 3.243167
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.929001{col 29}{space 2} 3.988979{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-10.78879{col 70}{space 3} 4.930793
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.971224{col 29}{space 2} 3.549632{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-9.965339{col 70}{space 3} 4.022891
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.5753187{col 29}{space 2} 4.487243{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-9.416879{col 70}{space 3} 8.266242
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.939862{col 29}{space 2} 4.133376{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-12.08417{col 70}{space 3} 4.204448
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015163{col 29}{space 2} 4.559479{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4}-7.968732{col 70}{space 3} 9.999057
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.855294{col 29}{space 2}  4.13012{col 40}{space 1}   -0.69{col 49}{space 3}0.490{col 57}{space 4}-10.99319{col 70}{space 3} 5.282601
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.4760755{col 29}{space 2} 4.889159{col 40}{space 1}   -0.10{col 49}{space 3}0.923{col 57}{space 4}-10.10956{col 70}{space 3} 9.157411
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.408917{col 29}{space 2} 4.706747{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-13.68298{col 70}{space 3}  4.86515
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.679825{col 29}{space 2} 5.081524{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-14.69234{col 70}{space 3} 5.332694
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-5.107865{col 29}{space 2} 5.324438{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-15.59902{col 70}{space 3} 5.383287
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.802992{col 29}{space 2} 5.661785{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-16.95884{col 70}{space 3}  5.35286
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.35074{col 29}{space 2} 6.901051{col 40}{space 1}   -0.63{col 49}{space 3}0.529{col 57}{space 4}-17.94841{col 70}{space 3} 9.246934
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.60836{col 29}{space 2} 9.798083{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-33.91428{col 70}{space 3} 4.697559
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(40, 229)      = {res}     2.49
{txt}       Model {c |} {res} 3140.13385        40  78.5033464   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 7218.93386       229  31.5237287   {txt}R-squared       ={res}    0.3031
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1814
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.6146

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1455457{col 29}{space 2} .0371781{col 40}{space 1}   -3.91{col 49}{space 3}0.000{col 57}{space 4}-.2188005{col 70}{space 3}-.0722909
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0019711{col 29}{space 2} .0009489{col 40}{space 1}    2.08{col 49}{space 3}0.039{col 57}{space 4} .0001014{col 70}{space 3} .0038409
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0020009{col 29}{space 2}  .001968{col 40}{space 1}    1.02{col 49}{space 3}0.310{col 57}{space 4}-.0018767{col 70}{space 3} .0058785
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.9147794{col 29}{space 2} 1.639058{col 40}{space 1}   -0.56{col 49}{space 3}0.577{col 57}{space 4}-4.144342{col 70}{space 3} 2.314783
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.771423{col 29}{space 2}  1.69072{col 40}{space 1}    1.64{col 49}{space 3}0.103{col 57}{space 4}-.5599338{col 70}{space 3} 6.102781
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.4614785{col 29}{space 2} 1.486944{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4} -3.39132{col 70}{space 3} 2.468363
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.972314{col 29}{space 2} 2.010673{col 40}{space 1}    1.48{col 49}{space 3}0.141{col 57}{space 4}-.9894695{col 70}{space 3} 6.934097
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.1519111{col 29}{space 2} 1.675283{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4}-3.452851{col 70}{space 3} 3.149029
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  2.47758{col 29}{space 2} 1.622916{col 40}{space 1}    1.53{col 49}{space 3}0.128{col 57}{space 4}-.7201766{col 70}{space 3} 5.675336
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .5070459{col 29}{space 2} 1.963762{col 40}{space 1}    0.26{col 49}{space 3}0.796{col 57}{space 4}-3.362305{col 70}{space 3} 4.376397
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.218832{col 29}{space 2} 1.661934{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4} -4.49347{col 70}{space 3} 2.055805
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.056677{col 29}{space 2} 2.662396{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4}-6.302602{col 70}{space 3} 4.189248
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.483808{col 29}{space 2} 2.650698{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-6.706684{col 70}{space 3} 3.739067
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.138516{col 29}{space 2} 2.763012{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-7.582692{col 70}{space 3} 3.305661
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.314462{col 29}{space 2} 2.739523{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0834308{col 70}{space 3} 10.71236
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.089853{col 29}{space 2} 2.779551{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-7.566617{col 70}{space 3} 3.386911
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.730828{col 29}{space 2} 2.814666{col 40}{space 1}    0.61{col 49}{space 3}0.539{col 57}{space 4}-3.815126{col 70}{space 3} 7.276781
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.868671{col 29}{space 2} 2.904642{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}-7.591911{col 70}{space 3} 3.854569
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.116696{col 29}{space 2} 3.004742{col 40}{space 1}   -0.70{col 49}{space 3}0.482{col 57}{space 4}-8.037171{col 70}{space 3}  3.80378
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.765842{col 29}{space 2} 3.071416{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-7.817691{col 70}{space 3} 4.286007
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2740299{col 29}{space 2} 3.097932{col 40}{space 1}   -0.09{col 49}{space 3}0.930{col 57}{space 4}-6.378125{col 70}{space 3} 5.830065
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.293988{col 29}{space 2} 3.198438{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-8.596117{col 70}{space 3} 4.008141
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.7154148{col 29}{space 2} 3.280237{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-7.178719{col 70}{space 3} 5.747889
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.007839{col 29}{space 2} 3.388567{col 40}{space 1}   -0.59{col 49}{space 3}0.554{col 57}{space 4}-8.684593{col 70}{space 3} 4.668916
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.952902{col 29}{space 2} 3.502239{col 40}{space 1}    2.84{col 49}{space 3}0.005{col 57}{space 4}  3.05217{col 70}{space 3} 16.85363
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.536389{col 29}{space 2} 3.652265{col 40}{space 1}    0.69{col 49}{space 3}0.488{col 57}{space 4}-4.659951{col 70}{space 3} 9.732728
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.144968{col 29}{space 2} 3.817894{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-8.667659{col 70}{space 3} 6.377724
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.777303{col 29}{space 2} 4.111563{col 40}{space 1}   -0.68{col 49}{space 3}0.500{col 57}{space 4}-10.87863{col 70}{space 3} 5.324026
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.929001{col 29}{space 2} 4.260799{col 40}{space 1}   -0.69{col 49}{space 3}0.493{col 57}{space 4}-11.32438{col 70}{space 3}  5.46638
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.971224{col 29}{space 2} 4.437221{col 40}{space 1}   -0.67{col 49}{space 3}0.504{col 57}{space 4}-11.71422{col 70}{space 3} 5.771776
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.5753187{col 29}{space 2} 4.638788{col 40}{space 1}   -0.12{col 49}{space 3}0.901{col 57}{space 4}-9.715481{col 70}{space 3} 8.564844
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.939862{col 29}{space 2} 4.752371{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-13.30383{col 70}{space 3} 5.424102
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015163{col 29}{space 2} 4.793543{col 40}{space 1}    0.21{col 49}{space 3}0.832{col 57}{space 4}-8.429926{col 70}{space 3} 10.46025
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.855294{col 29}{space 2} 4.973842{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-12.65564{col 70}{space 3} 6.945052
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.4760755{col 29}{space 2} 5.153428{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-10.63027{col 70}{space 3} 9.678123
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.408917{col 29}{space 2} 5.475158{col 40}{space 1}   -0.81{col 49}{space 3}0.422{col 57}{space 4}-15.19704{col 70}{space 3}  6.37921
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.679825{col 29}{space 2} 5.747219{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-16.00402{col 70}{space 3} 6.644365
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-5.107865{col 29}{space 2} 5.931242{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}-16.79465{col 70}{space 3} 6.578919
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.802992{col 29}{space 2} 5.919112{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-17.46588{col 70}{space 3} 5.859892
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.35074{col 29}{space 2} 5.628644{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-15.44129{col 70}{space 3} 6.739811
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.60836{col 29}{space 2} 9.561547{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4}-33.44822{col 70}{space 3} 4.231494
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-826.7289{col 49}    41{col 58} 1735.458{col 69} 1882.993
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   222) ={res}    3.65
{txt}{col 13}Prob > F ={res}    0.0018
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   222) ={res}    2.78
{txt}{col 13}Prob > F ={res}    0.0126
{txt}
{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.F: OLD SOUTHERN STATES (N = 9): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}     23.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1963902{col 29}{space 2} .0451999{col 40}{space 1}   -4.34{col 49}{space 3}0.000{col 57}{space 4}-.2854617{col 70}{space 3}-.1073187
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.88397{col 29}{space 2} 1.354671{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .2144416{col 70}{space 3} 5.553499
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1347977{col 29}{space 2} .1435431{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-.1480698{col 70}{space 3} .4176652
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.332348{col 29}{space 2}  1.89761{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4}-1.407103{col 70}{space 3} 6.071799
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3083378{col 29}{space 2} .1435565{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} .0254437{col 70}{space 3} .5912318
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -3.37463{col 29}{space 2}  2.22944{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-7.767988{col 70}{space 3} 1.018729
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0095872{col 29}{space 2} .0834025{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-.1547667{col 70}{space 3} .1739411
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-4.583791{col 29}{space 2} 1.909982{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-8.347623{col 70}{space 3}-.8199592
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-78.87049{col 29}{space 2}  30.7707{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-139.5076{col 70}{space 3}-18.23342
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-105.7332{col 29}{space 2} 44.65912{col 40}{space 1}   -2.37{col 49}{space 3}0.019{col 57}{space 4}-193.7389{col 70}{space 3}-17.72743
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 64.82855{col 29}{space 2} 56.12449{col 40}{space 1}    1.16{col 49}{space 3}0.249{col 57}{space 4}-45.77099{col 70}{space 3} 175.4281
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-285.2683{col 29}{space 2} 68.97323{col 40}{space 1}   -4.14{col 49}{space 3}0.000{col 57}{space 4}-421.1877{col 70}{space 3}-149.3489
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 35.50644{col 29}{space 2} 48.31877{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-59.71107{col 70}{space 3} 130.7239
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -65.9574{col 29}{space 2} 46.22715{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-157.0531{col 70}{space 3} 25.13832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 83.39866{col 29}{space 2} 51.28969{col 40}{space 1}    1.63{col 49}{space 3}0.105{col 57}{space 4}-17.67336{col 70}{space 3} 184.4707
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-176.4206{col 29}{space 2} 39.40069{col 40}{space 1}   -4.48{col 49}{space 3}0.000{col 57}{space 4}-254.0641{col 70}{space 3}-98.77719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-90.10804{col 29}{space 2} 124.8956{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-336.2287{col 70}{space 3} 156.0126
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-126.7716{col 29}{space 2} 142.6849{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4} -407.948{col 70}{space 3} 154.4048
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 330.6007{col 29}{space 2} 115.2342{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 103.5189{col 70}{space 3} 557.6825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.438264{col 29}{space 2} 153.0248{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-298.1141{col 70}{space 3} 304.9907
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-46.13378{col 29}{space 2} 125.2146{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4} -292.883{col 70}{space 3} 200.6154
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.737028{col 29}{space 2} 134.1239{col 40}{space 1}    0.02{col 49}{space 3}0.984{col 57}{space 4} -261.569{col 70}{space 3}  267.043
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 257.6918{col 29}{space 2} 118.2533{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 24.66051{col 70}{space 3}  490.723
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 257.2392{col 29}{space 2} 156.6615{col 40}{space 1}    1.64{col 49}{space 3}0.102{col 57}{space 4}-51.47968{col 70}{space 3}  565.958
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 41.41276{col 29}{space 2}  142.043{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-238.4987{col 70}{space 3} 321.3242
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 8.606906{col 29}{space 2} 132.1509{col 40}{space 1}    0.07{col 49}{space 3}0.948{col 57}{space 4}-251.8111{col 70}{space 3} 269.0249
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 438.2126{col 29}{space 2} 135.9675{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 170.2736{col 70}{space 3} 706.1516
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 195.8914{col 29}{space 2} 183.6923{col 40}{space 1}    1.07{col 49}{space 3}0.287{col 57}{space 4}-166.0946{col 70}{space 3} 557.8774
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 351.9305{col 29}{space 2} 142.5628{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 70.99466{col 70}{space 3} 632.8664
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 301.7415{col 29}{space 2} 179.7467{col 40}{space 1}    1.68{col 49}{space 3}0.095{col 57}{space 4}-52.46933{col 70}{space 3} 655.9524
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 348.6577{col 29}{space 2} 156.8845{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 39.49929{col 70}{space 3} 657.8161
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 503.8328{col 29}{space 2}  172.633{col 40}{space 1}    2.92{col 49}{space 3}0.004{col 57}{space 4} 163.6404{col 70}{space 3} 844.0253
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.8513{col 29}{space 2} 186.4745{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 354.3827{col 70}{space 3}  1089.32
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.6632{col 29}{space 2} 226.3011{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-51.28835{col 70}{space 3} 840.6147
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 562.9944{col 29}{space 2}  191.008{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4}  186.592{col 70}{space 3} 939.3969
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 649.3661{col 29}{space 2} 234.7149{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 186.8344{col 70}{space 3} 1111.898
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 440.9195{col 29}{space 2} 218.5237{col 40}{space 1}    2.02{col 49}{space 3}0.045{col 57}{space 4} 10.29441{col 70}{space 3} 871.5447
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 538.2408{col 29}{space 2} 207.9901{col 40}{space 1}    2.59{col 49}{space 3}0.010{col 57}{space 4} 128.3732{col 70}{space 3} 948.1084
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 838.1597{col 29}{space 2} 240.6302{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 363.9713{col 70}{space 3} 1312.348
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}  737.524{col 29}{space 2}  255.218{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 234.5885{col 70}{space 3} 1240.459
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1012.329{col 29}{space 2} 243.5362{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 532.4138{col 70}{space 3} 1492.244
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 910.6091{col 29}{space 2} 276.6375{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 365.4642{col 70}{space 3} 1455.754
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 771.9837{col 29}{space 2} 312.4743{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 156.2184{col 70}{space 3} 1387.749
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 146.4089{col 29}{space 2} 244.4232{col 40}{space 1}    0.60{col 49}{space 3}0.550{col 57}{space 4}-335.2542{col 70}{space 3} 628.0719
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 890.9686{col 29}{space 2} 218.3805{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 460.6257{col 70}{space 3} 1321.312
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2100.875{col 29}{space 2} 415.2221{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 1282.634{col 70}{space 3} 2919.116
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(45, 224)      = {res}     8.12
{txt}       Model {c |} {res} 11708242.8        45  260183.174   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 7174963.04       224   32031.085   {txt}R-squared       ={res}    0.6200
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5437
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 178.97

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1963902{col 29}{space 2} .0344616{col 40}{space 1}   -5.70{col 49}{space 3}0.000{col 57}{space 4}-.2643006{col 70}{space 3}-.1284798
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.88397{col 29}{space 2} 1.295694{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} .3306618{col 70}{space 3} 5.437279
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1347977{col 29}{space 2} .0624554{col 40}{space 1}    2.16{col 49}{space 3}0.032{col 57}{space 4} .0117224{col 70}{space 3}  .257873
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.332348{col 29}{space 2} 2.128496{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4} -1.86209{col 70}{space 3} 6.526786
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3083378{col 29}{space 2} .0729794{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} .1645238{col 70}{space 3} .4521517
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -3.37463{col 29}{space 2} 2.484534{col 40}{space 1}   -1.36{col 49}{space 3}0.176{col 57}{space 4} -8.27068{col 70}{space 3}  1.52142
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0095872{col 29}{space 2} .0793771{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-.1468342{col 70}{space 3} .1660086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-4.583791{col 29}{space 2} 2.403703{col 40}{space 1}   -1.91{col 49}{space 3}0.058{col 57}{space 4}-9.320554{col 70}{space 3} .1529716
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-78.87049{col 29}{space 2} 52.87649{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-183.0695{col 70}{space 3} 25.32851
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-105.7332{col 29}{space 2} 55.50475{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-215.1115{col 70}{space 3}  3.64509
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 64.82855{col 29}{space 2} 47.35822{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-28.49608{col 70}{space 3} 158.1532
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-285.2683{col 29}{space 2} 67.89597{col 40}{space 1}   -4.20{col 49}{space 3}0.000{col 57}{space 4}-419.0649{col 70}{space 3}-151.4718
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 35.50644{col 29}{space 2} 55.41057{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-73.68623{col 70}{space 3} 144.6991
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -65.9574{col 29}{space 2} 52.80725{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}  -170.02{col 70}{space 3} 38.10515
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 83.39866{col 29}{space 2} 65.95495{col 40}{space 1}    1.26{col 49}{space 3}0.207{col 57}{space 4}-46.57288{col 70}{space 3} 213.3702
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-176.4206{col 29}{space 2} 53.66377{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4} -282.171{col 70}{space 3}-70.67021
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-90.10804{col 29}{space 2} 98.21764{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-283.6568{col 70}{space 3} 103.4407
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-126.7716{col 29}{space 2} 106.8284{col 40}{space 1}   -1.19{col 49}{space 3}0.237{col 57}{space 4}-337.2888{col 70}{space 3}  83.7456
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 330.6007{col 29}{space 2} 91.89553{col 40}{space 1}    3.60{col 49}{space 3}0.000{col 57}{space 4} 149.5103{col 70}{space 3}  511.691
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.438264{col 29}{space 2} 108.9981{col 40}{space 1}    0.03{col 49}{space 3}0.975{col 57}{space 4}-211.3546{col 70}{space 3} 218.2312
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-46.13378{col 29}{space 2} 106.1604{col 40}{space 1}   -0.43{col 49}{space 3}0.664{col 57}{space 4}-255.3347{col 70}{space 3} 163.0672
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.737028{col 29}{space 2} 93.37242{col 40}{space 1}    0.03{col 49}{space 3}0.977{col 57}{space 4}-181.2637{col 70}{space 3} 186.7377
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 257.6918{col 29}{space 2} 98.79854{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 62.99828{col 70}{space 3} 452.3852
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 257.2392{col 29}{space 2} 106.5213{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4}  47.3271{col 70}{space 3} 467.1512
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 41.41276{col 29}{space 2} 112.6392{col 40}{space 1}    0.37{col 49}{space 3}0.713{col 57}{space 4}-180.5553{col 70}{space 3} 263.3809
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 8.606906{col 29}{space 2} 104.5463{col 40}{space 1}    0.08{col 49}{space 3}0.934{col 57}{space 4}-197.4132{col 70}{space 3}  214.627
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 438.2126{col 29}{space 2} 105.5757{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 230.1639{col 70}{space 3} 646.2612
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 195.8914{col 29}{space 2} 121.8099{col 40}{space 1}    1.61{col 49}{space 3}0.109{col 57}{space 4}-44.14855{col 70}{space 3} 435.9314
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 351.9305{col 29}{space 2}  122.754{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 110.0302{col 70}{space 3} 593.8309
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 301.7415{col 29}{space 2} 122.3831{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4}   60.572{col 70}{space 3} 542.9111
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 348.6577{col 29}{space 2} 134.0169{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} 84.56257{col 70}{space 3} 612.7528
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 503.8328{col 29}{space 2} 129.3368{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 248.9603{col 70}{space 3} 758.7053
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.8513{col 29}{space 2} 138.5614{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 448.8006{col 70}{space 3} 994.9019
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.6632{col 29}{space 2} 151.3998{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 96.31309{col 70}{space 3} 693.0133
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 562.9944{col 29}{space 2} 150.0312{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 267.3413{col 70}{space 3} 858.6476
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 649.3661{col 29}{space 2} 154.3477{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 345.2068{col 70}{space 3} 953.5254
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 440.9195{col 29}{space 2} 168.9682{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 107.9489{col 70}{space 3} 773.8902
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 538.2408{col 29}{space 2}  164.522{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 214.0319{col 70}{space 3} 862.4497
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 838.1597{col 29}{space 2} 171.8097{col 40}{space 1}    4.88{col 49}{space 3}0.000{col 57}{space 4} 499.5896{col 70}{space 3}  1176.73
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}  737.524{col 29}{space 2} 186.8546{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} 369.3062{col 70}{space 3} 1105.742
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1012.329{col 29}{space 2} 188.4877{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 640.8929{col 70}{space 3} 1383.765
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 910.6091{col 29}{space 2} 196.9028{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 522.5902{col 70}{space 3} 1298.628
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 771.9837{col 29}{space 2} 206.2514{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 365.5424{col 70}{space 3} 1178.425
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 146.4089{col 29}{space 2} 204.3704{col 40}{space 1}    0.72{col 49}{space 3}0.474{col 57}{space 4}-256.3256{col 70}{space 3} 549.1434
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 890.9686{col 29}{space 2} 200.3201{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 496.2158{col 70}{space 3} 1285.722
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 2100.875{col 29}{space 2} 337.5912{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 1435.614{col 70}{space 3} 2766.136
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38}-1758.451{col 49}    46{col 58} 3608.902{col 69} 3774.429
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       224){col 67}= {res}      3.82
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1875888{col 29}{space 2} .0438632{col 40}{space 1}   -4.28{col 49}{space 3}0.000{col 57}{space 4}-.2740261{col 70}{space 3}-.1011514
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0020908{col 29}{space 2} .0010303{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} .0000604{col 70}{space 3} .0041212
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0548775{col 29}{space 2} .0709988{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-.0850336{col 70}{space 3} .1947885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0020254{col 29}{space 2} .0015153{col 40}{space 1}    1.34{col 49}{space 3}0.183{col 57}{space 4}-.0009607{col 70}{space 3} .0050114
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1643911{col 29}{space 2} .0772306{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .0121996{col 70}{space 3} .3165827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0015081{col 29}{space 2} .0029805{col 40}{space 1}    0.51{col 49}{space 3}0.613{col 57}{space 4}-.0043653{col 70}{space 3} .0073814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1380772{col 29}{space 2} .0499963{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4}  .039554{col 70}{space 3} .2366004
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0001289{col 29}{space 2} .0032867{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0066057{col 70}{space 3}  .006348
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.199688{col 29}{space 2} 1.753138{col 40}{space 1}   -0.68{col 49}{space 3}0.494{col 57}{space 4}-4.654442{col 70}{space 3} 2.255066
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.044804{col 29}{space 2} 1.239828{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4} 1.601586{col 70}{space 3} 6.488022
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.7356896{col 29}{space 2} 1.015204{col 40}{space 1}   -0.72{col 49}{space 3}0.469{col 57}{space 4}-2.736261{col 70}{space 3} 1.264882
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.009128{col 29}{space 2} 1.873033{col 40}{space 1}    1.61{col 49}{space 3}0.110{col 57}{space 4}-.6818902{col 70}{space 3} 6.700147
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9142977{col 29}{space 2} 1.580482{col 40}{space 1}    0.58{col 49}{space 3}0.564{col 57}{space 4}-2.200217{col 70}{space 3} 4.028812
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 3.380696{col 29}{space 2} 1.210423{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} .9954227{col 70}{space 3} 5.765969
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.300358{col 29}{space 2} 2.037768{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.715289{col 70}{space 3} 6.316006
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-.7634029{col 29}{space 2} 1.363732{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-3.450788{col 70}{space 3} 1.923982
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.818637{col 29}{space 2}  2.72659{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-7.191686{col 70}{space 3} 3.554411
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.405348{col 29}{space 2} 2.343193{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4} -6.02287{col 70}{space 3} 3.212173
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.082503{col 29}{space 2} 2.076541{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-6.174557{col 70}{space 3} 2.009551
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.895743{col 29}{space 2} 4.038026{col 40}{space 1}    1.21{col 49}{space 3}0.227{col 57}{space 4}-3.061636{col 70}{space 3} 12.85312
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.111284{col 29}{space 2}  2.36656{col 40}{space 1}   -0.89{col 49}{space 3}0.373{col 57}{space 4}-6.774854{col 70}{space 3} 2.552285
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .7904705{col 29}{space 2} 3.204988{col 40}{space 1}    0.25{col 49}{space 3}0.805{col 57}{space 4}-5.525313{col 70}{space 3} 7.106254
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.490388{col 29}{space 2} 2.005953{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4} -6.44334{col 70}{space 3} 1.462565
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.47848{col 29}{space 2} 3.021036{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-8.431765{col 70}{space 3} 3.474806
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.006071{col 29}{space 2}  2.17654{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-6.295185{col 70}{space 3} 2.283042
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  .202286{col 29}{space 2} 2.738635{col 40}{space 1}    0.07{col 49}{space 3}0.941{col 57}{space 4}-5.194497{col 70}{space 3} 5.599069
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.804437{col 29}{space 2}  2.33021{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-6.396374{col 70}{space 3} 2.787501
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.9804633{col 29}{space 2} 3.317219{col 40}{space 1}   -0.30{col 49}{space 3}0.768{col 57}{space 4}-7.517412{col 70}{space 3} 5.556485
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  -1.7209{col 29}{space 2} 2.298968{col 40}{space 1}   -0.75{col 49}{space 3}0.455{col 57}{space 4}-6.251271{col 70}{space 3} 2.809472
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.90605{col 29}{space 2} 4.033139{col 40}{space 1}    2.46{col 49}{space 3}0.015{col 57}{space 4} 1.958302{col 70}{space 3}  17.8538
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.54172{col 29}{space 2} 4.416887{col 40}{space 1}    0.58{col 49}{space 3}0.566{col 57}{space 4}-6.162246{col 70}{space 3} 11.24569
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -2.42312{col 29}{space 2} 3.595402{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-9.508258{col 70}{space 3} 4.662018
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.148764{col 29}{space 2} 3.364337{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-10.77856{col 70}{space 3} 2.481036
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.819718{col 29}{space 2} 4.219288{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-11.13429{col 70}{space 3} 5.494857
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.690297{col 29}{space 2} 3.410434{col 40}{space 1}   -0.50{col 49}{space 3}0.621{col 57}{space 4}-8.410935{col 70}{space 3} 5.030341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .4266763{col 29}{space 2} 4.631302{col 40}{space 1}    0.09{col 49}{space 3}0.927{col 57}{space 4}-8.699818{col 70}{space 3}  9.55317
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.994208{col 29}{space 2} 4.137108{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-11.14684{col 70}{space 3} 5.158423
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.936238{col 29}{space 2} 4.517399{col 40}{space 1}    0.43{col 49}{space 3}0.669{col 57}{space 4}-6.965798{col 70}{space 3} 10.83827
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.915572{col 29}{space 2} 4.479172{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-10.74228{col 70}{space 3} 6.911134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} .0212772{col 29}{space 2} 5.064748{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}-9.959371{col 70}{space 3} 10.00193
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.80206{col 29}{space 2} 4.737471{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4}-13.13777{col 70}{space 3} 5.533653
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.296156{col 29}{space 2} 5.634966{col 40}{space 1}   -0.76{col 49}{space 3}0.447{col 57}{space 4}-15.40048{col 70}{space 3}  6.80817
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.228521{col 29}{space 2} 5.200759{col 40}{space 1}   -0.81{col 49}{space 3}0.417{col 57}{space 4}-14.47719{col 70}{space 3} 6.020152
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.336798{col 29}{space 2} 5.600937{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-15.37407{col 70}{space 3} 6.700469
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -1.72935{col 29}{space 2} 7.186592{col 40}{space 1}   -0.24{col 49}{space 3}0.810{col 57}{space 4}-15.89133{col 70}{space 3} 12.43263
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.39032{col 29}{space 2} 10.45737{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-35.99773{col 70}{space 3} 5.217092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(45, 224)      = {res}     2.42
{txt}       Model {c |} {res} 3386.60991        45  75.2579979   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6972.45781       224  31.1270438   {txt}R-squared       ={res}    0.3269
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1917
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.5792

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1875888{col 29}{space 2} .0408013{col 40}{space 1}   -4.60{col 49}{space 3}0.000{col 57}{space 4}-.2679923{col 70}{space 3}-.1071853
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0020908{col 29}{space 2} .0010842{col 40}{space 1}    1.93{col 49}{space 3}0.055{col 57}{space 4}-.0000457{col 70}{space 3} .0042273
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0548775{col 29}{space 2} .0770416{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-.0969415{col 70}{space 3} .2066964
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0020254{col 29}{space 2} .0020834{col 40}{space 1}    0.97{col 49}{space 3}0.332{col 57}{space 4}-.0020801{col 70}{space 3} .0061309
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1643911{col 29}{space 2} .0753227{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} .0159594{col 70}{space 3} .3128228
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0015081{col 29}{space 2} .0019706{col 40}{space 1}    0.77{col 49}{space 3}0.445{col 57}{space 4}-.0023753{col 70}{space 3} .0053914
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1380772{col 29}{space 2} .0755654{col 40}{space 1}    1.83{col 49}{space 3}0.069{col 57}{space 4}-.0108328{col 70}{space 3} .2869871
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0001289{col 29}{space 2} .0023386{col 40}{space 1}   -0.06{col 49}{space 3}0.956{col 57}{space 4}-.0047374{col 70}{space 3} .0044796
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.199688{col 29}{space 2} 1.644997{col 40}{space 1}   -0.73{col 49}{space 3}0.467{col 57}{space 4}-4.441338{col 70}{space 3} 2.041962
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.044804{col 29}{space 2} 1.755786{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} .5848334{col 70}{space 3} 7.504775
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.7356896{col 29}{space 2} 1.483487{col 40}{space 1}   -0.50{col 49}{space 3}0.620{col 57}{space 4}-3.659065{col 70}{space 3} 2.187686
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 3.009128{col 29}{space 2} 2.132906{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4}-1.194001{col 70}{space 3} 7.212257
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9142977{col 29}{space 2} 1.726306{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4} -2.48758{col 70}{space 3} 4.316175
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 3.380696{col 29}{space 2}  1.65399{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} .1213247{col 70}{space 3} 6.640067
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.300358{col 29}{space 2} 2.089194{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-1.816629{col 70}{space 3} 6.417346
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-.7634029{col 29}{space 2} 1.701146{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-4.115701{col 70}{space 3} 2.588895
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.818637{col 29}{space 2} 2.963823{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-7.659178{col 70}{space 3} 4.021904
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.405348{col 29}{space 2} 2.746111{col 40}{space 1}   -0.51{col 49}{space 3}0.609{col 57}{space 4}-6.816864{col 70}{space 3} 4.006167
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.082503{col 29}{space 2} 2.860536{col 40}{space 1}   -0.73{col 49}{space 3}0.467{col 57}{space 4}-7.719507{col 70}{space 3} 3.554501
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.895743{col 29}{space 2} 3.111864{col 40}{space 1}    1.57{col 49}{space 3}0.117{col 57}{space 4}-1.236531{col 70}{space 3} 11.02802
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.111284{col 29}{space 2} 3.030157{col 40}{space 1}   -0.70{col 49}{space 3}0.487{col 57}{space 4}-8.082546{col 70}{space 3} 3.859977
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .7904705{col 29}{space 2} 2.907907{col 40}{space 1}    0.27{col 49}{space 3}0.786{col 57}{space 4}-4.939883{col 70}{space 3} 6.520824
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.490388{col 29}{space 2} 2.998115{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-8.398506{col 70}{space 3} 3.417731
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.47848{col 29}{space 2} 3.168298{col 40}{space 1}   -0.78{col 49}{space 3}0.435{col 57}{space 4}-8.721963{col 70}{space 3} 3.765004
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.006071{col 29}{space 2} 3.182874{col 40}{space 1}   -0.63{col 49}{space 3}0.529{col 57}{space 4}-8.278277{col 70}{space 3} 4.266134
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  .202286{col 29}{space 2} 3.128156{col 40}{space 1}    0.06{col 49}{space 3}0.948{col 57}{space 4}-5.962092{col 70}{space 3} 6.366664
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.804437{col 29}{space 2} 3.262976{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-8.234493{col 70}{space 3}  4.62562
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.9804633{col 29}{space 2} 3.493669{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-7.865126{col 70}{space 3}   5.9042
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  -1.7209{col 29}{space 2} 3.391032{col 40}{space 1}   -0.51{col 49}{space 3}0.612{col 57}{space 4}-8.403304{col 70}{space 3} 4.961505
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.90605{col 29}{space 2}  3.65351{col 40}{space 1}    2.71{col 49}{space 3}0.007{col 57}{space 4} 2.706404{col 70}{space 3}  17.1057
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.54172{col 29}{space 2} 3.744053{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-4.836351{col 70}{space 3} 9.919791
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} -2.42312{col 29}{space 2} 3.953385{col 40}{space 1}   -0.61{col 49}{space 3}0.541{col 57}{space 4} -10.2137{col 70}{space 3} 5.367464
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.148764{col 29}{space 2} 4.293366{col 40}{space 1}   -0.97{col 49}{space 3}0.335{col 57}{space 4}-12.60932{col 70}{space 3}  4.31179
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.819718{col 29}{space 2} 4.423344{col 40}{space 1}   -0.64{col 49}{space 3}0.524{col 57}{space 4}-11.53641{col 70}{space 3} 5.896972
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.690297{col 29}{space 2} 4.462885{col 40}{space 1}   -0.38{col 49}{space 3}0.705{col 57}{space 4}-10.48491{col 70}{space 3} 7.104313
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .4266763{col 29}{space 2} 4.845413{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-9.121747{col 70}{space 3}   9.9751
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.994208{col 29}{space 2} 4.838529{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-12.52907{col 70}{space 3}  6.54065
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.936238{col 29}{space 2}  4.92663{col 40}{space 1}    0.39{col 49}{space 3}0.695{col 57}{space 4}-7.772232{col 70}{space 3} 11.64471
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.915572{col 29}{space 2} 5.284659{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-12.32958{col 70}{space 3} 8.498435
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} .0212772{col 29}{space 2} 5.436527{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}  -10.692{col 70}{space 3} 10.73456
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.80206{col 29}{space 2} 5.652525{col 40}{space 1}   -0.67{col 49}{space 3}0.502{col 57}{space 4}-14.94099{col 70}{space 3} 7.336868
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.296156{col 29}{space 2}  6.03556{col 40}{space 1}   -0.71{col 49}{space 3}0.477{col 57}{space 4} -16.1899{col 70}{space 3} 7.597585
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.228521{col 29}{space 2} 6.045258{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-16.14137{col 70}{space 3} 7.684331
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.336798{col 29}{space 2} 6.072821{col 40}{space 1}   -0.71{col 49}{space 3}0.476{col 57}{space 4}-16.30397{col 70}{space 3}  7.63037
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -1.72935{col 29}{space 2} 6.155162{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-13.85878{col 70}{space 3} 10.40008
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.39032{col 29}{space 2} 11.05471{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-37.17486{col 70}{space 3} 6.394214
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-822.0391{col 49}    46{col 58} 1736.078{col 69} 1901.606
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110inc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}     22.06
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1247641{col 29}{space 2} .0407507{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-.2050583{col 70}{space 3}-.0444699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.385796{col 29}{space 2} 1.167381{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.9143864{col 70}{space 3} 3.685978
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.246005{col 29}{space 2} 1.770439{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-1.242428{col 70}{space 3} 5.734439
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-55.69566{col 29}{space 2} 39.24939{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-133.0318{col 70}{space 3} 21.64044
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.08892{col 29}{space 2} 47.43913{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-166.5619{col 70}{space 3} 20.38406
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 54.46231{col 29}{space 2} 74.75339{col 40}{space 1}    0.73{col 49}{space 3}0.467{col 57}{space 4}-92.83007{col 70}{space 3} 201.7547
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-187.2377{col 29}{space 2} 65.71057{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-316.7123{col 70}{space 3} -57.7631
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 22.86763{col 29}{space 2} 61.86569{col 40}{space 1}    0.37{col 49}{space 3}0.712{col 57}{space 4}-99.03112{col 70}{space 3} 144.7664
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -37.6474{col 29}{space 2} 54.36069{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-144.7585{col 70}{space 3} 69.46368
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 79.91322{col 29}{space 2} 66.90972{col 40}{space 1}    1.19{col 49}{space 3}0.234{col 57}{space 4}-51.92416{col 70}{space 3} 211.7506
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-128.3914{col 29}{space 2} 47.65522{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-222.2901{col 70}{space 3}-34.49263
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-128.5959{col 29}{space 2} 65.06362{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-256.7958{col 70}{space 3}-.3959942
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -35.9635{col 29}{space 2} 123.3576{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-279.0244{col 70}{space 3} 207.0974
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 393.0455{col 29}{space 2} 101.0952{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 193.8499{col 70}{space 3} 592.2411
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 113.9102{col 29}{space 2} 99.98475{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-83.09749{col 70}{space 3} 310.9179
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 120.6162{col 29}{space 2} 124.2046{col 40}{space 1}    0.97{col 49}{space 3}0.333{col 57}{space 4}-124.1137{col 70}{space 3} 365.3461
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 50.92378{col 29}{space 2} 125.4526{col 40}{space 1}    0.41{col 49}{space 3}0.685{col 57}{space 4}-196.2652{col 70}{space 3} 298.1128
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 308.5513{col 29}{space 2} 110.2767{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 91.26468{col 70}{space 3} 525.8379
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.5902{col 29}{space 2} 115.1745{col 40}{space 1}    2.49{col 49}{space 3}0.014{col 57}{space 4} 59.65303{col 70}{space 3} 513.5273
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 134.5352{col 29}{space 2} 124.0357{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-109.8619{col 70}{space 3} 378.9324
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  53.7482{col 29}{space 2} 127.3221{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-197.1245{col 70}{space 3} 304.6209
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 411.9159{col 29}{space 2} 127.1214{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 161.4387{col 70}{space 3} 662.3931
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.8409{col 29}{space 2} 135.0303{col 40}{space 1}    1.22{col 49}{space 3}0.223{col 57}{space 4}-101.2198{col 70}{space 3} 430.9016
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  392.702{col 29}{space 2} 140.0537{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 116.7434{col 70}{space 3} 668.6605
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 265.8926{col 29}{space 2} 149.3382{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-28.36003{col 70}{space 3} 560.1453
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 332.2961{col 29}{space 2} 152.1393{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4}  32.5242{col 70}{space 3} 632.0679
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 421.3691{col 29}{space 2} 157.8462{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 110.3525{col 70}{space 3} 732.3856
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 696.5528{col 29}{space 2} 168.1273{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 365.2787{col 70}{space 3} 1027.827
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  405.116{col 29}{space 2} 187.9346{col 40}{space 1}    2.16{col 49}{space 3}0.032{col 57}{space 4} 34.81399{col 70}{space 3}  775.418
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 593.1098{col 29}{space 2}  201.556{col 40}{space 1}    2.94{col 49}{space 3}0.004{col 57}{space 4} 195.9684{col 70}{space 3} 990.2512
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 571.2733{col 29}{space 2}  210.298{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 156.9069{col 70}{space 3} 985.6396
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 378.3561{col 29}{space 2} 208.9611{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-33.37622{col 70}{space 3} 790.0883
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  426.804{col 29}{space 2} 213.8147{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} 5.508376{col 70}{space 3} 848.0997
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 663.1497{col 29}{space 2} 225.0023{col 40}{space 1}    2.95{col 49}{space 3}0.004{col 57}{space 4} 219.8102{col 70}{space 3} 1106.489
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 576.0389{col 29}{space 2} 228.9845{col 40}{space 1}    2.52{col 49}{space 3}0.013{col 57}{space 4}  124.853{col 70}{space 3} 1027.225
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 904.3302{col 29}{space 2}  247.255{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 417.1446{col 70}{space 3} 1391.516
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 772.8767{col 29}{space 2} 239.5711{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 300.8313{col 70}{space 3} 1244.922
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 693.6744{col 29}{space 2} 319.3145{col 40}{space 1}    2.17{col 49}{space 3}0.031{col 57}{space 4} 64.50426{col 70}{space 3} 1322.844
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.24232{col 29}{space 2} 254.6214{col 40}{space 1}   -0.07{col 49}{space 3}0.943{col 57}{space 4}-519.9426{col 70}{space 3}  483.458
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 633.0227{col 29}{space 2} 266.3779{col 40}{space 1}    2.38{col 49}{space 3}0.018{col 57}{space 4} 108.1577{col 70}{space 3} 1157.888
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1356.87{col 29}{space 2} 394.2705{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 580.0086{col 70}{space 3} 2133.732
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110incols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(40, 229)      = {res}     7.62
{txt}       Model {c |} {res} 10780077.7        40  269501.942   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 8103128.18       229  35384.8392   {txt}R-squared       ={res}    0.5709
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.4959
{txt}       Total {c |} {res} 18883205.9       269  70197.7913   {txt}Root MSE        =   {res} 188.11

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1247641{col 29}{space 2} .0310136{col 40}{space 1}   -4.02{col 49}{space 3}0.000{col 57}{space 4}-.1858725{col 70}{space 3}-.0636556
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.385796{col 29}{space 2} 1.283337{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-1.142862{col 70}{space 3} 3.914454
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.246005{col 29}{space 2} 2.208991{col 40}{space 1}    1.02{col 49}{space 3}0.310{col 57}{space 4}-2.106541{col 70}{space 3} 6.598552
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-55.69566{col 29}{space 2} 54.82808{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-163.7277{col 70}{space 3} 52.33634
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.08892{col 29}{space 2} 56.77128{col 40}{space 1}   -1.29{col 49}{space 3}0.199{col 57}{space 4}-184.9498{col 70}{space 3} 38.77191
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 54.46231{col 29}{space 2} 49.69813{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4}-43.46176{col 70}{space 3} 152.3864
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-187.2377{col 29}{space 2} 66.54465{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-318.3558{col 70}{space 3}-56.11964
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 22.86763{col 29}{space 2} 56.10847{col 40}{space 1}    0.41{col 49}{space 3}0.684{col 57}{space 4}-87.68722{col 70}{space 3} 133.4225
{txt}{space 12}45  {c |}{col 17}{res}{space 2} -37.6474{col 29}{space 2} 54.59264{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-145.2155{col 70}{space 3}  69.9207
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 79.91322{col 29}{space 2} 65.59017{col 40}{space 1}    1.22{col 49}{space 3}0.224{col 57}{space 4}-49.32415{col 70}{space 3} 209.1506
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-128.3914{col 29}{space 2} 55.09649{col 40}{space 1}   -2.33{col 49}{space 3}0.021{col 57}{space 4}-236.9523{col 70}{space 3}-19.83051
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-128.5959{col 29}{space 2} 88.82462{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-303.6139{col 70}{space 3} 46.42215
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -35.9635{col 29}{space 2} 88.83655{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4} -211.005{col 70}{space 3}  139.078
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 393.0455{col 29}{space 2} 88.97814{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4}  217.725{col 70}{space 3}  568.366
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 113.9102{col 29}{space 2} 92.22794{col 40}{space 1}    1.24{col 49}{space 3}0.218{col 57}{space 4}-67.81365{col 70}{space 3}  295.634
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 120.6162{col 29}{space 2} 92.89817{col 40}{space 1}    1.30{col 49}{space 3}0.195{col 57}{space 4}-62.42825{col 70}{space 3} 303.6607
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 50.92378{col 29}{space 2} 94.31889{col 40}{space 1}    0.54{col 49}{space 3}0.590{col 57}{space 4}  -134.92{col 70}{space 3} 236.7676
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 308.5513{col 29}{space 2} 95.24548{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 120.8818{col 70}{space 3} 496.2208
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.5902{col 29}{space 2} 98.98285{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} 91.55661{col 70}{space 3} 481.6237
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 134.5352{col 29}{space 2} 102.5929{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-67.61144{col 70}{space 3} 336.6819
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  53.7482{col 29}{space 2} 103.7325{col 40}{space 1}    0.52{col 49}{space 3}0.605{col 57}{space 4}-150.6439{col 70}{space 3} 258.1403
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 411.9159{col 29}{space 2} 103.7683{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 207.4532{col 70}{space 3} 616.3786
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.8409{col 29}{space 2} 109.3696{col 40}{space 1}    1.51{col 49}{space 3}0.133{col 57}{space 4}-50.65846{col 70}{space 3} 380.3403
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  392.702{col 29}{space 2} 110.6124{col 40}{space 1}    3.55{col 49}{space 3}0.000{col 57}{space 4} 174.7537{col 70}{space 3} 610.6502
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 265.8926{col 29}{space 2} 118.0883{col 40}{space 1}    2.25{col 49}{space 3}0.025{col 57}{space 4} 33.21417{col 70}{space 3} 498.5711
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 332.2961{col 29}{space 2}  120.508{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 94.84977{col 70}{space 3} 569.7423
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 421.3691{col 29}{space 2} 124.8709{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 175.3262{col 70}{space 3} 667.4119
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 696.5528{col 29}{space 2} 129.9792{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 440.4447{col 70}{space 3}  952.661
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  405.116{col 29}{space 2} 140.3687{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 128.5366{col 70}{space 3} 681.6954
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 593.1098{col 29}{space 2} 143.5535{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 310.2552{col 70}{space 3} 875.9643
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 571.2733{col 29}{space 2} 150.7663{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 274.2068{col 70}{space 3} 868.3398
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 378.3561{col 29}{space 2} 157.4874{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 68.04654{col 70}{space 3} 688.6656
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  426.804{col 29}{space 2} 158.1204{col 40}{space 1}    2.70{col 49}{space 3}0.007{col 57}{space 4} 115.2472{col 70}{space 3} 738.3608
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 663.1497{col 29}{space 2}    160.9{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4} 346.1161{col 70}{space 3} 980.1833
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 576.0389{col 29}{space 2} 168.4126{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 244.2025{col 70}{space 3} 907.8753
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 904.3302{col 29}{space 2} 173.7041{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 562.0676{col 70}{space 3} 1246.593
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 772.8767{col 29}{space 2} 185.9438{col 40}{space 1}    4.16{col 49}{space 3}0.000{col 57}{space 4} 406.4974{col 70}{space 3} 1139.256
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 693.6744{col 29}{space 2} 193.6883{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 312.0353{col 70}{space 3} 1075.313
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.24232{col 29}{space 2} 198.7229{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}-409.8014{col 70}{space 3} 373.3167
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 633.0227{col 29}{space 2} 184.1331{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4}  270.211{col 70}{space 3} 995.8344
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  1356.87{col 29}{space 2} 309.2366{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 747.5575{col 70}{space 3} 1966.183
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38}-1774.874{col 49}    41{col 58} 3631.748{col 69} 3779.284
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pc!=. & year >1980 &  oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 40,       229){col 67}= {res}      3.77
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1455457{col 29}{space 2}  .041665{col 40}{space 1}   -3.49{col 49}{space 3}0.001{col 57}{space 4}-.2276415{col 70}{space 3}-.0634498
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0019711{col 29}{space 2} .0009593{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} .0000809{col 70}{space 3} .0038613
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0020009{col 29}{space 2} .0014205{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4} -.000798{col 70}{space 3} .0047999
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.9147794{col 29}{space 2} 1.811571{col 40}{space 1}   -0.50{col 49}{space 3}0.614{col 57}{space 4}-4.484258{col 70}{space 3} 2.654699
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.771423{col 29}{space 2} 1.211155{col 40}{space 1}    2.29{col 49}{space 3}0.023{col 57}{space 4} .3849911{col 70}{space 3} 5.157856
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.4614785{col 29}{space 2} 1.063492{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-2.556958{col 70}{space 3} 1.634001
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.972314{col 29}{space 2} 1.861542{col 40}{space 1}    1.60{col 49}{space 3}0.112{col 57}{space 4}-.6956256{col 70}{space 3} 6.640253
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.1519111{col 29}{space 2} 1.840127{col 40}{space 1}   -0.08{col 49}{space 3}0.934{col 57}{space 4}-3.777655{col 70}{space 3} 3.473833
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  2.47758{col 29}{space 2} 1.391276{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-.2637596{col 70}{space 3} 5.218919
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .5070459{col 29}{space 2} 1.974787{col 40}{space 1}    0.26{col 49}{space 3}0.798{col 57}{space 4} -3.38403{col 70}{space 3} 4.398122
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.218832{col 29}{space 2} 1.358987{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4} -3.89655{col 70}{space 3} 1.458885
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.056677{col 29}{space 2} 1.229478{col 40}{space 1}   -0.86{col 49}{space 3}0.391{col 57}{space 4}-3.479212{col 70}{space 3} 1.365858
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.483808{col 29}{space 2} 2.489865{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4}-6.389781{col 70}{space 3} 3.422165
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.138516{col 29}{space 2} 1.342999{col 40}{space 1}   -1.59{col 49}{space 3}0.113{col 57}{space 4} -4.78473{col 70}{space 3} .5076988
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.314462{col 29}{space 2} 3.002793{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4} -.602172{col 70}{space 3}  11.2311
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.089853{col 29}{space 2} 1.851099{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.737216{col 70}{space 3} 1.557511
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.730828{col 29}{space 2} 2.900604{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-3.984456{col 70}{space 3} 7.446111
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.868671{col 29}{space 2} 1.654395{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-5.128453{col 70}{space 3} 1.391111
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.116696{col 29}{space 2} 2.262198{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-6.574079{col 70}{space 3} 2.340688
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.765842{col 29}{space 2} 1.929956{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-5.568583{col 70}{space 3} 2.036898
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2740299{col 29}{space 2} 2.736361{col 40}{space 1}   -0.10{col 49}{space 3}0.920{col 57}{space 4}-5.665693{col 70}{space 3} 5.117633
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.293988{col 29}{space 2} 2.060608{col 40}{space 1}   -1.11{col 49}{space 3}0.267{col 57}{space 4}-6.354162{col 70}{space 3} 1.766187
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.7154148{col 29}{space 2} 2.623694{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-5.885082{col 70}{space 3} 4.454252
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.007839{col 29}{space 2} 2.326585{col 40}{space 1}   -0.86{col 49}{space 3}0.389{col 57}{space 4}-6.592089{col 70}{space 3} 2.576412
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.952902{col 29}{space 2} 3.718158{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} 2.626729{col 70}{space 3} 17.27908
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.536389{col 29}{space 2} 3.860893{col 40}{space 1}    0.66{col 49}{space 3}0.512{col 57}{space 4}-5.071027{col 70}{space 3}  10.1438
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.144968{col 29}{space 2} 3.054324{col 40}{space 1}   -0.37{col 49}{space 3}0.708{col 57}{space 4}-7.163138{col 70}{space 3} 4.873202
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.777303{col 29}{space 2} 3.055491{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-8.797774{col 70}{space 3} 3.243167
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.929001{col 29}{space 2} 3.988979{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-10.78879{col 70}{space 3} 4.930793
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.971224{col 29}{space 2} 3.549632{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-9.965339{col 70}{space 3} 4.022891
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.5753187{col 29}{space 2} 4.487243{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-9.416879{col 70}{space 3} 8.266242
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.939862{col 29}{space 2} 4.133376{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-12.08417{col 70}{space 3} 4.204448
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015163{col 29}{space 2} 4.559479{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4}-7.968732{col 70}{space 3} 9.999057
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.855294{col 29}{space 2}  4.13012{col 40}{space 1}   -0.69{col 49}{space 3}0.490{col 57}{space 4}-10.99319{col 70}{space 3} 5.282601
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.4760755{col 29}{space 2} 4.889159{col 40}{space 1}   -0.10{col 49}{space 3}0.923{col 57}{space 4}-10.10956{col 70}{space 3} 9.157411
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.408917{col 29}{space 2} 4.706747{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-13.68298{col 70}{space 3}  4.86515
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.679825{col 29}{space 2} 5.081524{col 40}{space 1}   -0.92{col 49}{space 3}0.358{col 57}{space 4}-14.69234{col 70}{space 3} 5.332694
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-5.107865{col 29}{space 2} 5.324438{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-15.59902{col 70}{space 3} 5.383287
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.802992{col 29}{space 2} 5.661785{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-16.95884{col 70}{space 3}  5.35286
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.35074{col 29}{space 2} 6.901051{col 40}{space 1}   -0.63{col 49}{space 3}0.529{col 57}{space 4}-17.94841{col 70}{space 3} 9.246934
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.60836{col 29}{space 2} 9.798083{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-33.91428{col 70}{space 3} 4.697559
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pcols!=. & year >1980 &  oldsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       270
{txt}{hline 13}{c +}{hline 34}   F(40, 229)      = {res}     2.49
{txt}       Model {c |} {res} 3140.13385        40  78.5033464   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 7218.93386       229  31.5237287   {txt}R-squared       ={res}    0.3031
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1814
{txt}       Total {c |} {res} 10359.0677       269  38.5095454   {txt}Root MSE        =   {res} 5.6146

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1455457{col 29}{space 2} .0371781{col 40}{space 1}   -3.91{col 49}{space 3}0.000{col 57}{space 4}-.2188005{col 70}{space 3}-.0722909
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0019711{col 29}{space 2} .0009489{col 40}{space 1}    2.08{col 49}{space 3}0.039{col 57}{space 4} .0001014{col 70}{space 3} .0038409
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0020009{col 29}{space 2}  .001968{col 40}{space 1}    1.02{col 49}{space 3}0.310{col 57}{space 4}-.0018767{col 70}{space 3} .0058785
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.9147794{col 29}{space 2} 1.639058{col 40}{space 1}   -0.56{col 49}{space 3}0.577{col 57}{space 4}-4.144342{col 70}{space 3} 2.314783
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.771423{col 29}{space 2}  1.69072{col 40}{space 1}    1.64{col 49}{space 3}0.103{col 57}{space 4}-.5599338{col 70}{space 3} 6.102781
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.4614785{col 29}{space 2} 1.486944{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4} -3.39132{col 70}{space 3} 2.468363
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.972314{col 29}{space 2} 2.010673{col 40}{space 1}    1.48{col 49}{space 3}0.141{col 57}{space 4}-.9894695{col 70}{space 3} 6.934097
{txt}{space 12}40  {c |}{col 17}{res}{space 2}-.1519111{col 29}{space 2} 1.675283{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4}-3.452851{col 70}{space 3} 3.149029
{txt}{space 12}45  {c |}{col 17}{res}{space 2}  2.47758{col 29}{space 2} 1.622916{col 40}{space 1}    1.53{col 49}{space 3}0.128{col 57}{space 4}-.7201766{col 70}{space 3} 5.675336
{txt}{space 12}47  {c |}{col 17}{res}{space 2} .5070459{col 29}{space 2} 1.963762{col 40}{space 1}    0.26{col 49}{space 3}0.796{col 57}{space 4}-3.362305{col 70}{space 3} 4.376397
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.218832{col 29}{space 2} 1.661934{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4} -4.49347{col 70}{space 3} 2.055805
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.056677{col 29}{space 2} 2.662396{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4}-6.302602{col 70}{space 3} 4.189248
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-1.483808{col 29}{space 2} 2.650698{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}-6.706684{col 70}{space 3} 3.739067
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.138516{col 29}{space 2} 2.763012{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-7.582692{col 70}{space 3} 3.305661
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.314462{col 29}{space 2} 2.739523{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0834308{col 70}{space 3} 10.71236
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.089853{col 29}{space 2} 2.779551{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-7.566617{col 70}{space 3} 3.386911
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.730828{col 29}{space 2} 2.814666{col 40}{space 1}    0.61{col 49}{space 3}0.539{col 57}{space 4}-3.815126{col 70}{space 3} 7.276781
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.868671{col 29}{space 2} 2.904642{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}-7.591911{col 70}{space 3} 3.854569
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.116696{col 29}{space 2} 3.004742{col 40}{space 1}   -0.70{col 49}{space 3}0.482{col 57}{space 4}-8.037171{col 70}{space 3}  3.80378
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.765842{col 29}{space 2} 3.071416{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-7.817691{col 70}{space 3} 4.286007
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2740299{col 29}{space 2} 3.097932{col 40}{space 1}   -0.09{col 49}{space 3}0.930{col 57}{space 4}-6.378125{col 70}{space 3} 5.830065
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.293988{col 29}{space 2} 3.198438{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-8.596117{col 70}{space 3} 4.008141
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.7154148{col 29}{space 2} 3.280237{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-7.178719{col 70}{space 3} 5.747889
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.007839{col 29}{space 2} 3.388567{col 40}{space 1}   -0.59{col 49}{space 3}0.554{col 57}{space 4}-8.684593{col 70}{space 3} 4.668916
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.952902{col 29}{space 2} 3.502239{col 40}{space 1}    2.84{col 49}{space 3}0.005{col 57}{space 4}  3.05217{col 70}{space 3} 16.85363
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.536389{col 29}{space 2} 3.652265{col 40}{space 1}    0.69{col 49}{space 3}0.488{col 57}{space 4}-4.659951{col 70}{space 3} 9.732728
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.144968{col 29}{space 2} 3.817894{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-8.667659{col 70}{space 3} 6.377724
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.777303{col 29}{space 2} 4.111563{col 40}{space 1}   -0.68{col 49}{space 3}0.500{col 57}{space 4}-10.87863{col 70}{space 3} 5.324026
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-2.929001{col 29}{space 2} 4.260799{col 40}{space 1}   -0.69{col 49}{space 3}0.493{col 57}{space 4}-11.32438{col 70}{space 3}  5.46638
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.971224{col 29}{space 2} 4.437221{col 40}{space 1}   -0.67{col 49}{space 3}0.504{col 57}{space 4}-11.71422{col 70}{space 3} 5.771776
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.5753187{col 29}{space 2} 4.638788{col 40}{space 1}   -0.12{col 49}{space 3}0.901{col 57}{space 4}-9.715481{col 70}{space 3} 8.564844
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.939862{col 29}{space 2} 4.752371{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-13.30383{col 70}{space 3} 5.424102
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015163{col 29}{space 2} 4.793543{col 40}{space 1}    0.21{col 49}{space 3}0.832{col 57}{space 4}-8.429926{col 70}{space 3} 10.46025
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.855294{col 29}{space 2} 4.973842{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-12.65564{col 70}{space 3} 6.945052
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.4760755{col 29}{space 2} 5.153428{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-10.63027{col 70}{space 3} 9.678123
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.408917{col 29}{space 2} 5.475158{col 40}{space 1}   -0.81{col 49}{space 3}0.422{col 57}{space 4}-15.19704{col 70}{space 3}  6.37921
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.679825{col 29}{space 2} 5.747219{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-16.00402{col 70}{space 3} 6.644365
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-5.107865{col 29}{space 2} 5.931242{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}-16.79465{col 70}{space 3} 6.578919
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.802992{col 29}{space 2} 5.919112{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-17.46588{col 70}{space 3} 5.859892
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.35074{col 29}{space 2} 5.628644{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-15.44129{col 70}{space 3} 6.739811
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.60836{col 29}{space 2} 9.561547{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4}-33.44822{col 70}{space 3} 4.231494
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-826.7289{col 49}    41{col 58} 1735.458{col 69} 1882.993
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   224) ={res}    5.69
{txt}{col 13}Prob > F ={res}    0.0001
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  oldsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   224) ={res}    2.24
{txt}{col 13}Prob > F ={res}    0.0517
{txt}
{com}. 
. 
. 
. 
. ******
. 
. restore
{txt}
{com}. 
. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestsoldsouth.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res} 6 Aug 2019, 12:17:16
{txt}{.-}
{smcl}
{txt}{sf}{ul off}